[00:00:02] OKAY, LADIES AND GENTLEMEN. WELCOME. THIS IS A GARLAND INDEPENDENT SCHOOL DISTRICT BOARD OF TRUSTEES, [I. Call to Order and Determination of Quorum ] FINANCE FACILITIES AND OPERATIONS COMMITTEE MEETING. THIS IS AUGUST 11TH. IT IS NOW 5:31 AND WE'RE GOING TO BEGIN THIS MEETING. THERE IS A QUORUM PRESIDENT OF OUR COMMITTEE, AS WELL AS SOME BOARD MEMBERS HERE TODAY AS WELL. I CALL THIS MEETING TO ORDER. THE FIRST, THE SECOND ORDER OF BUSINESS WILL BE THE PUBLIC FORUM. DO WE HAVE ANY CARDS FOR SPEAKERS TODAY, MICHELLE? OKAY. WE HAVE NO COMMENTS FROM THE PUBLIC. AND NOW IT'S TIME FOR OUR SUPERINTENDENT MESSAGE. [III. Superintendent's Message] AND HE'S GOING TO TELL US WHAT A WONDERFUL, WONDERFUL START TO THE SCHOOL YEAR WE HAVE HAD. SO DOCTOR LOPEZ. WE DID HAVE A GREAT AND SMOOTH PAST FEW DAYS. KNOCK ON WOOD. WE HOPE TO KEEP THAT MOMENTUM GOING. IT TAKES ALL PARTS OF OUR ORGANIZATION FROM THE CAMPUSES TO TRANSPORTATION, SAFETY, SECURITY PEOPLE AT THE FRONT OFFICE. SO IT'S A BIG THANK YOU TO OUR TEACHERS, OUR PRINCIPALS, AND JUST EVERYBODY FOR, FOR A GREAT, GREAT START. LET'S KEEP THAT LEARNING GOING. I ALSO WANT TO CELEBRATE SOMETHING ELSE. YOU KNOW, WHEN WE GOT THE TRE PASSED LAST YEAR WE MADE OUR PROJECTIONS THAT IT WOULD BE ABLE TO BRING OUR BUDGET TO A -4 MILLION WITH THE PASSAGE OF THE TRE. AND WE DID MAKE A COMMITMENT TO OUR TAXPAYERS THAT WE WERE GOING TO GO AHEAD AND MAKE CUTS IN THE MIDST AND WE HOPE TO DECLINE THAT. WELL, WE, WE DID A GREAT JOB OF DOING THAT. IT WAS EVERYBODY PUTTING THEIR, THEIR FOOT FORWARD. AND WE'RE LOOKING AT A POSSIBLY $8 MILLION SURPLUS THIS YEAR, WHICH IS ABOUT A $12 MILLION TURNAROUND FROM WHAT WE THOUGHT. AND SO FROM THE 30 MILLION THAT WE CUT BEFORE, PLUS THE EXTRA 12 MILLION IS SIGNIFICANT. AND SO WHILE WE GAVE RAISES AND EVERYTHING ELSE, WE'LL BE DOING THE SAME KIND OF THING GOING THIS YEAR TO MAKE SURE WE BALANCE THE BUDGET, AND WE'RE GOING TO BE LOOKING AT VERY INNOVATIVE POSSIBILITIES. SOME OF THEM WILL MAKE, SOME OF THEM WON'T. BUT WE'RE GOING TO CONTINUE TO HAVE TO DO CONSOLIDATIONS. WE'RE GOING TO CONTINUE TO HAVE TO EVALUATE CAPACITIES. WE'RE GOING TO HAVE TO CONTINUE TO JUST STREAMLINE EVERYTHING. BUT WE DO WANT TO KEEP OUR TEACHERS, OUR PROGRAMS, OUR SPECIAL EDUCATION AND SAFETY AND SECURITY AT THE FOREFRONT. SO THANK YOU. THANK YOU VERY MUCH AND CONGRATULATIONS TO EVERYBODY. I KNOW EVERYBODY WORKS REAL HARD TO STAY WITHIN BUDGET OR EVEN SAVE ON BUDGETS. AND SOMEWHERE OVER THE PAST COUPLE OF YEARS, TWO AND A HALF YEARS OR SO, I KNOW THAT THE DISTRICT HAS ELIMINATED APPROXIMATELY $50 MILLION FROM THE BUDGET. AND WE CONTINUE TO LOOK FOR WAYS TO SAVE. BUT, YOU KNOW, THANK GOODNESS THAT WE HAVE GOOD AND TALENTED PEOPLE THAT WORK AND ARE COMMITTED TO THIS. AND SO WITH THAT BEING SAID, AND THANK YOU, DOCTOR LOPEZ WE'RE GOING TO CONTINUE WITH OUR AGENDA ITEM NUMBER FOUR. [IV.A. Information Items] THIS IS 4.A AGENDA INFORMATION ITEMS. RECEIVE BOARD OF TRUSTEES CONTRACT RENEWAL REPORT FOR AUGUST 2026. WE HAVE DIANNA CASPER. WELCOME. GOOD EVENING, CHAIRMAN MILLER, BOARD MEMBERS AND DOCTOR LOPEZ. BEFORE YOU THIS EVENING IS YOUR CONTRACT RENEWAL REPORT FOR AUGUST OF 2026. WE CURRENTLY HAVE 17 CONTRACTS ON THE SCHEDULE FOR YOU FOR RENEWAL, WITH ONE HIGHLIGHTED IN GREEN, WHICH WILL REQUIRE APPROVAL BY THE BOARD OF TRUSTEES DUE TO THE NOT TO EXCEED AMOUNT, INCREASING MORE THAN 25% OR $150,000 FROM THE PREVIOUS BOARD OF TRUSTEES AWARDED AMOUNT. AND SO ON THAT EXHIBIT WITH YOU THAT INCREASES FOR CONTRACT 363-26 OUR PROPERTY INSURANCE AND WE HAVE FURTHER ACTION ITEM. INFORMATION ITEM LATER THIS EVENING FOR YOU. I'LL ENTERTAIN ANY QUESTIONS YOU MIGHT HAVE. OKAY. THANK YOU FOR THAT REPORT. THERE WILL BE AN ITEM LATER ON IN THE AGENDA. DOES ANYBODY HAVE ANY QUESTIONS ABOUT OUR CONTRACT RENEWAL REPORTS? OKAY. THANK YOU, MRS. CASPER. MR. BOOKER WOULD BE PROUD. OKAY, LET'S GO TO THE NEXT ITEM. A.2. THIS IS 4.A.2 ANTICIPATED COLLECTION RATE AND EXCESS DEBT. AND WE HAVE KRISTI COOPER JOINING US. THANK YOU. GOOD AFTERNOON, MR. MILLER. BOARD OF TRUSTEES AND DOCTOR LOPEZ, AS REQUIRED BY SECTION 2604 B OF THE TEXAS PROPERTY TAX CODE. I, KRISTI COOPER, AS THE ASSESSOR COLLECTOR FOR THE DISTRICT, CERTIFY AN ANTICIPATED COLLECTION RATE OF 100% FOR THE 2026 TAX YEAR AND AN EXCESS DEBT AMOUNT COLLECTED OF $1,844,593 COLLECTED FOR THE 2025 TAX YEAR. BOTH OF THESE FIGURES ARE DERIVED FROM OUR ACTUAL COLLECTIONS OF CURRENT DELINQUENT AND ROLLBACK LEVIES, AS WELL AS PENALTY AND INTEREST COLLECTIONS. I'LL BE HAPPY TO ANSWER ANY QUESTIONS YOU MAY HAVE? ANY QUESTIONS? I GUESS 100% IS ALMOST AS GOOD AS WE CAN DO, RIGHT? YES. ANY QUESTIONS? THANK YOU SO MUCH. GOOD REPORT. [00:05:05] LET'S GO TO ITEM 4.A.3 RECEIVE CERTIFIED TAX ROLL. KRISTI, YOU'RE STILL UP? YES, SIR. THANK YOU. THE DALLAS CENTRAL APPRAISAL DISTRICT HAS PROVIDED OUR 2026 APPRAISAL ROLL, REFLECTING A MARKET VALUE OF $47,467,380,040, WHICH INCLUDES A CONSTRUCTION VALUE. EXCUSE ME. A NEW CONSTRUCTION VALUE OF $846,000,949. THIS WILL MAKE OUR CERTIFIED TAXABLE VALUE 33,000,967,000. EXCUSE ME. MILLION $564,549. THIS IS AN 8.6% INCREASE FROM 2025 IN OUR NEW CONSTRUCTION. THERE'S A TABLE THERE THAT PROVIDES THE FIVE YEAR COMPARISON. WE ARE AT A SLIGHT DECREASE IN OUR NEW CONSTRUCTION, BUT WE DO STILL HAVE OVER 1300 ACCOUNTS. AND OF THOSE, 94% OF THEM ARE RESIDENTIAL PROPERTIES. IN REGARDS TO OUR VALUE IN DISPUTE, WE ARE ALSO SLIGHTLY DOWN FROM LAST YEAR. WE HAD 7900 ACCOUNTS THAT WERE UNDER DISPUTE. AND AS OF YESTERDAY, THE APPRAISAL DISTRICT HAS ALREADY RESOLVED 1000 OF THOSE. SO THOSE ARE GOING TO BE INCLUDED IN OUR AUGUST SUPPLEMENT. AND AS THEIR NORMAL TRENDS GO WITH THEIR ARB'S, THEY MEET EVERY 15 MINUTES BY PHONE, EMAIL AND IN PERSON. SO THOSE THE THE PROTESTED VALUE WE EXPECT TO HAVE ON OUR TAX ROLL BY THE NOVEMBER SUPPLEMENT. AND I'LL BE HAPPY TO ANSWER ANY QUESTIONS THAT YOU MAY HAVE. OKAY. ANY QUESTIONS? GOOD REPORT. ANY QUESTIONS OF COMMITTEE. ANYBODY ELSE? THANK YOU SO MUCH. I KNOW WE WERE WE OVER THE LAST FEW MONTHS, WE WHEN I SAY WE, I'M TALKING ABOUT MR. DODDS AND I WERE TRYING TO FIGURE OUT ABOUT WHERE OUR ASSESSED VALUE WOULD COME IN. WE WERE SURPRISED A COUPLE OF TIMES THAT IT DIDN'T GROW AS MUCH AS WE THOUGHT. SO THIS TIME WE WERE THINKING IT MIGHT BE A LITTLE FLATTER. SO TO SEE THIS GO FROM THE 31-32 RANGE OVER TO OVER 33 BILLION, I WAS A LITTLE BIT SURPRISED. AND COUPLE THAT WITH THE FACT THAT, AS YOU SAID, NEW CONSTRUCTION WAS DOWN A LITTLE BIT FROM PRIOR YEARS. YES. SO I GUESS WE JUST HAD MORE PROPERTY APPRECIATION THAN WE'VE HAD IN YEARS PAST. WELL, THE, THE MAIN FACTOR FOR OUR TAXABLE VALUE IS ABSORPTION OF THE HOMESTEAD CAP. SO WE HAVE 100,000, A LITTLE OVER 100,000 ACCOUNTS IN 50% OF THEM ARE HOMESTEADED PROPERTIES. SO ANYBODY THAT HAS A CAP ON THEIR THEY'RE GOING TO ABSORB THAT. THEIR MARKET VALUE MAY STAY FLAT BECAUSE IT'S ONLY REQUIRED BY LAW TO REAPPRAISE EVERY THREE YEARS. SO THE INCREASE IN TAXABLE VALUE IS ASSOCIATED WITH THE INCREASES OF THEIR CAP, THE ABSORPTION OF THAT. OKAY. THANK YOU. ANY OTHER QUESTIONS? OKAY. WE CAN MOVE FORWARD. THEN WE'LL GO TO FOR A NUMBER A.4. REVIEW THE JUNE 2026 TAX REPORT. KRISTI. YOU'RE STILL UP. THANK YOU. YES, SIR. THE JUNE COLLECTION REPORT FOR THE 2025 TAX YEAR REFLECTS 98.14% COLLECTED OF THE 2025 BASE TAX LEVY. AS OF TODAY, WE'RE AT 98.5%. I'LL BE HAPPY TO ANSWER ANY QUESTIONS YOU MAY HAVE. ANY QUESTIONS ON THE TAX REPORT? ANY QUESTIONS AT ALL? OKAY. THANK YOU. ANOTHER GOOD REPORT. THANK YOU. LET'S GO TO ITEM NUMBER 4.A.5. THIS WILL BE REVIEW FOURTH QUARTER INVESTMENT REPORT. AND THIS IS NOT DARRELL DODDS BUT I WILL WELCOME TO THE STAGE TO THE PODIUM RATHER RHONDA ROUNTREE. THANK YOU. CHAIRMAN MILLER BOARD OF TRUSTEES. DOCTOR LOPEZ. WHAT YOU HAVE BEFORE YOU TONIGHT AS AN INFORMATION ITEM IS THE FOURTH QUARTER INVESTMENT REPORT FOR THE 2526 SCHOOL YEAR, COVERING THE TIME FRAME APRIL 1ST TO JUNE THE 30TH. THE FIRST CHART THAT YOU WILL SEE IS A PIE CHART THAT IS A SNAPSHOT OF THE DISTRICT'S INVESTMENT POSITION. AS OF JUNE THE 30TH. AS OF JUNE 30TH, THE DISTRICT'S 928.9 MILLION WAS INVESTED, 37% IN TAXABLE, 38% IN TEXAS CLASS AND 25% IN LONE STAR INVESTMENT POOL. DIRECTLY BEHIND THIS CHART, YOU'LL SEE THE INFORMATION THAT DETAILS HOW THE INDIVIDUAL INVESTMENT POOLS INVEST THE FUNDS THAT WE DEPOSIT WITH THEM. THIS IS PROVIDED SO THAT YOU CAN SEE THE UNDERLYING INVESTMENT OF THE POOLS, AND ALSO SEE THAT THIS INFORMATION ON THE INVESTMENT POLICIES MIRROR THAT OF THE INVESTMENT POLICY OF THE DISTRICT. FOLLOWING THAT REPORT, YOU'LL SEE A GRAPH THAT ILLUSTRATES THE DAILY INTEREST RATES IN THE POOLS OVER THIS LAST QUARTER. DURING THIS LAST QUARTER, THE DAILY RATES RANGED FROM 3.56 TO 3.79 OVER THE COURSE OF THE LAST QUARTER. AND BEYOND THAT, YOU WILL SEE A PORTFOLIO SUMMARY THAT DETAILS THE AMOUNTS THAT WE'VE INVESTED PER FUND. THE FINAL DOCUMENT IN THIS PACKET SHOWS THE INTEREST INCOME FOR ALL OF THE FUNDS FOR THIS FISCAL YEAR. WE EARNED 41.373 MILLION IN INTEREST INCOME THIS PAST YEAR. [00:10:02] 6.6 MILLION OF THE INTEREST INCOME WAS IN THE GENERAL FUND, AND 32 MILLION WAS EARNED IN THE CAPITAL PROJECTS FUND. AND IF YOU HAVE ANY QUESTIONS REGARDING THE REPORT, I'LL BE GLAD TO SPEAK TO YOUR QUESTIONS. OKAY. BOARD ANY QUESTIONS ON THE INVESTMENT REPORT? MR.. BEACH. MS. ROUNDTREE ARE YOU HEARING ANYTHING ABOUT WHAT RATE, WHERE RATES ARE GOING TO GO AFTER? YOU KNOW, IT'S KIND OF ALL ACROSS THE BOARD, BUT I WOULD SAY WE'RE SEVERAL MONTHS AWAY FROM ANY KIND OF A CHANGE. AND TOMORROW I COULD BE WRONG ABOUT THAT. BUT I THINK THAT WE'RE GOING TO BE WHERE WE ARE FOR AT LEAST A FEW MORE MONTHS. AND WE DON'T ANTICIPATE ANYTHING THAT'S GOING TO BE A LARGE MOVEMENT THAT WILL AFFECT WHAT WE PROJECTED. NORMALLY, WHEN AN ELECTION LIKE IN NOVEMBER, THAT SOMETHING ALWAYS HAPPENS, IT SEEMS. ABSOLUTELY. THERE ARE DIFFERENT FACETS WHO WANT IT TO GO EITHER DIRECTION, SO I GUESS WE COULD BE SURPRISED EITHER WAY. BUT I WOULD BE SURPRISED IF ANYTHING HAPPENS UNTIL THE FIRST OF THE YEAR. THANK YOU. JOHNNY. WHEN I WAS 23, AT MY FIRST JOB, I ASKED THE PRESIDENT WHAT RATES ARE ABOUT TO DO, AND HE GAVE ME THE GREATEST ANSWER EVER. HE SAID IF RATES DON'T GO UP OR DOWN OR STAY ABOUT THE SAME. AND THAT'S WHAT I'VE BEEN HEARING FROM EVERYBODY FOR THE PAST YEAR. YEAH. OKAY. MORE OF THE SAME. LET'S GO TO INFORMATION ITEM 4.A NUMBER SEVEN. THIS WILL BE THE REVIEW OF THE JUNE 2026 MONTHLY FINANCIALS. RHONDA YOU'RE STAYING ON FOR THIS ONE? YES. I AM HERE TO PRESENT TO YOU AS AN INFORMATION ITEM, THE ANNUAL INVESTMENT REPORT FOR THE 25-26 SCHOOL YEAR. AND IN SUMMARY, THE REPORT BEFORE YOU REFLECTS THE FOLLOWING. THE CHART ENTITLED GISD PORTFOLIO SUMMARY. I KNOW THAT'S VERY SMALL, BUT IT DETAILS THE HISTORICAL DATA OF OUR INVESTMENT PORTFOLIO BY MONTH AND BY INVESTMENT TYPE. AND FOR THIS FISCAL YEAR, OUR ANNUAL YIELD TO MATURITY WAS 3.9196. ALSO INCLUDED IN YOUR PACKET IS SOME HISTORICAL INFORMATION ON QUARTERLY AND ANNUAL YIELDS TO MATURITY AND INTEREST INCOME COMPARISONS OVER PRIOR YEARS. JUST SO YOU'LL HAVE THAT FOR YOUR INFORMATION, THE FINAL SPREADSHEET IS A COMPARISON OF THE AVERAGE MONTHLY INTEREST RATES OF OUR PORTFOLIO IN COMPARISON TO THAT OF THE 30, 60, 90 DAY T-BILL RATES AND OTHER GOVERNMENT INVESTMENT FUNDS. OUR MONTHLY AVERAGES EXCEEDED ALL COMPARISONS, WITH THE EXCEPTION OF TEXAS CLASS AND THE TEN BASIS POINT SPREAD BETWEEN OUR AVERAGE AND THAT OF THE TEXAS CLASS IS TO BE EXPECTED DUE TO TEXAS CLASSES, PRIMARILY INVESTMENT IN COMMERCIAL PAPER. BUT OUR PRIMARY FOCUS WILL CONTINUE TO BE THE SAFETY AND LIQUIDITY OF THE DISTRICT'S INVESTMENT. AND IF YOU HAVE ANY QUESTIONS, I'LL BE GLAD TO TRY TO ANSWER THEM FOR YOU. AND LET ME CORRECT MYSELF, I BELIEVE I SKIPPED ONE. THAT'S OKAY. I JUST PUSHED AHEAD. IS THAT ALL RIGHT? NO. YOU DID GOOD. THAT WAS THE ANNUAL INVESTMENT REPORT AND THE REVIEW OF THE RECEIVED ANNUAL INVESTMENT REPORT. AND ARE THERE ANY QUESTIONS ON ITEM 4.A NUMBER SIX? I'M JUST CURIOUS ON ONE THING ON THE THE PERCENTAGE THAT WE LOOK AT FOR EACH ONE OF THESE POOLS, HOW DO YOU HOW DO YOU EVALUATE THAT? WELL, BASICALLY WHAT WE HAVE TRIED TO DO IS KIND OF SPREAD THE LOVE A LITTLE BIT. AND WE BASICALLY HAVE KIND OF OUR MONEY IN A THIRD, A THIRD, A THIRD. THE TEXAS CLASS INVESTMENT POOL, INVEST PRIMARILY IN COMMERCIAL PAPER. I WOULD SAY IT'S IN EXCESS OF 85% OF ITS FUNDS IN COMMERCIAL PAPER. SO WE DON'T WANT TO HAVE EVERYTHING IN THAT BASKET. AND SO IN THE OTHER TWO ARE JUST VERY GOOD POOLS WHOSE RATES STAY VERY, VERY SIMILAR. AND SO I REALLY JUST TRY TO KEEP THEM SOMEWHAT EVEN. WE HAVE GENERAL FUND MONEY IN ALL THREE FUNDS. WE HAVE CAPITAL PROJECT MONEY IN ALL THREE FUNDS, AND WE ARE ALWAYS PROPOSITIONED BY ANY NUMBER OF OTHER INVESTMENT POOLS OF OTHER POSSIBILITIES THAT WE MIGHT ENTERTAIN. THE RATES ARE GOING TO ALL BE SOMEWHAT SIMILAR, SO IT WOULD REALLY JUST BE A DIVERSIFICATION ISSUE, MORE SO THAN TRYING TO EARN A LITTLE BIT MORE MONEY. BUT I THINK WE'RE COMFORTABLE WITH THE LEVEL THAT WE HAVE AT THE TEXAS CLASS. UNLESS, OF COURSE, YOU ALL FEEL DIFFERENTLY. AND IF YOU DO, YOU CAN LET ME KNOW AND WE CAN DO WHATEVER YOU THINK WOULD BE THE THE WISEST CHOICE FOR ALL OF US. YEAH. AND, AND I'M SURE THAT THE SCHOOL BOARD'S PHILOSOPHY, THE SCHOOL DISTRICT'S PHILOSOPHY RATHER FOR INVESTMENT IS THE SAME AS IT WOULD BE FOR ANY, ANY BANK THAT I'VE WORKED FOR. IT'S MORE ABOUT LIQUIDITY AND PRESERVATION OF PRINCIPLE THAN IT IS ABOUT GENERATING THE HIGHEST POSSIBLE RETURNS. SO THE RISK PROFILE IS ALWAYS VERY LOW. AND WHAT THE ANNUAL REPORT IS SUPPOSED TO DO FOR THE BOARD IS SUPPOSED TO SAY, THIS IS WHAT WE'VE EARNED AND THIS IS WHERE THESE RATES ARE, SO THAT YOU CAN LOOK AT IT AND YOU CAN SAY YOU'RE EARNING TOO HIGH OF AN INTEREST RATE, YOU'RE INCURRING TOO MUCH RISK OR YOU'RE TOO LOW, YOU NEED TO BE DOING SOMETHING DIFFERENT. SO THIS IS YOUR OPPORTUNITY TO MAKE SURE THAT MY NUMBER IS HITTING RIGHT ABOUT WHERE IT NEEDS TO BE, OR WE NEED TO MAKE ADJUSTMENTS. YEAH. AND LOOK AT WHAT YOU'RE MOST COMFORTABLE FOR. [00:15:01] DON'T LOOK AT LARRY BECAUSE HE HAS NEVER SEEN A RISK HE DIDN'T LIKE. SO. AND ACTUALLY MANY YEARS AGO I SUGGESTED SOME ALTERNATIVE INVESTMENTS WHICH WERE REJECTED. I WAS HERE, LEAVE IT AT THAT. I THINK I CAST THE MOTION TO DECLINE. NO, I THINK IT'S GREAT TO HAVE MULTIPLE SETS OF EYES ON THIS. AND I'M GLAD THAT Y'ALL LOOK AT DIFFERENT ALTERNATIVES. ABSOLUTELY. THERE'S ALWAYS SOMETHING NEW, BUT IT'S THE RISK PROFILE THAT'S MAINTAINING THE RISK PROFILE IS WHAT'S IMPORTANT. EXACTLY. THANK YOU FOR THAT. THANK YOU VERY MUCH. ALL RIGHT. I THINK NOW WE CAN GO TO ITEM 4.A.7 WHICH IS REVIEW JUNE 2026 MONTHLY FINANCIALS. ARTURO. THANK YOU, CHAIRMAN MILLER, BOARD TRUSTEES AND SUPERINTENDENT LOPEZ, I PRESENT TO YOU THE JUNE 2026 MONTHLY FINANCIAL STATEMENTS STARTING ON PAGE 41. THE FIRST PAGE THAT I LIKE TO SHOW YOU IS PAGE 42, WHICH IS THE SUMMARY OF THE GENERAL FUND AS OF JUNE 2026, WHENEVER THIS FINANCIALS WERE COMPILED, WHICH WAS IN JULY 23RD THERE, THERE WAS A DEFICIT OF 31.1 MILLION IN THERE. AND REALLY THE, THE ONE, THE ONE ITEM THAT IS CAUSING THE DEFICIT TO BE SHOWN IN HERE IS THE STATE REVENUES. SO THOSE STATE REVENUES ARE PROJECTED TO BE HIGHER THAN WHAT THEY ARE IN THERE. BUT FOLLOWING THE SAME DYNAMIC THAT WE'VE BEEN USING TO PREPARE THIS FINANCIALS DURING THE ENTIRE YEAR, WE WAIT UNTIL WE GET THE CASH, THEN BACK ACCRUE IT TO THE TO THE FISCAL YEAR. THIS, I HOPE DOESN'T CAUSE A LOT OF WORRY OR CONFUSION BECAUSE LIKE DOCTOR LOPEZ MENTIONED, THE FORECAST IS FOR US TO END WITH A SURPLUS OF AT LEAST $8 MILLION FOR GENERAL FUND. BUT I'D LIKE TO I'D LIKE TO MOVE TO THE NEXT SET OF FINANCIALS, THE ONES FOR 240 S&S. AND HERE THERE IS ALSO A DEFICIT OF JUNE 2026 FOR 1.7 MILLION. THIS IS THE THE FUND THAT GETS THE STATE AND THE FEDERAL MONEY TO FEED OUR STUDENTS ACROSS OUR CAMPUSES. AND THEN THE LAST ONE WILL BE IN PAGE 52, WHICH IS THE I&S FUND. THIS ONE IS ALSO THIS WILL ALSO HAVE A, WELL, THIS WILL HAVE A DEFICIT OF $20 MILLION, BUT THAT IS BY DESIGN BECAUSE WE WENT AHEAD AND REDEEMED WE DID SOME EARLY PAYMENTS DURING THE YEAR. SO THAT'S WHY THAT'S THERE. BUT WE STILL WILL HAVE A HEALTHY FUND BALANCE AS OF YEAR END 2026. BUT I'M HAPPY TO ANSWER ANY QUESTIONS. MR. GLICK? YEAH, I KNOW WE WON'T REALLY KNOW THE FINAL NUMBERS UNTIL PROBABLY NOVEMBER, BUT ARE WE FAIRLY SAFE TO THINK WE'RE GOING TO BE SOMEWHERE AROUND A FUND BALANCE OF ABOUT 190 MILLION? IS THAT IN THE BALLPARK? YES. AND WE HAVE OUR OWN FORECAST. I GUESS IT DEPENDS WHO YOU ASK, BUT I WOULD I WOULD BELIEVE IT WILL BE A LITTLE BIT HIGHER THAN THAN THAT. AND THAT'S HIGHER THAN THAT. THAT'S COMPARED TO WHAT WE'RE HEARING FROM OTHER SCHOOL DISTRICTS OUR SIZE AND BIGGER AROUND THE STATE. THAT'S REALLY INCREDIBLE. SO GREAT JOB. THANK YOU. VERY GOOD. ANYBODY ELSE WITH ANY OTHER QUESTIONS. JUST REAL QUICK ON THAT LAST PAGE 52 WHERE WE TALK ABOUT WE DID MAKE CONSCIOUS DECISIONS TO EARLY REDEEM SOME OF THOSE BONDS. AND THE REASON FOR THAT WAS? IT WAS TO SAVE IN FUTURE INTEREST AND THEN THAT'S, THAT'S PRETTY MUCH THE MAJOR REASON WE HAVE FOR THAT. YEAH. IN OTHER WORDS, ULTIMATELY IT WAS RECOMMENDED BY OUR BOND COUNCIL THAT WE TAKE ADVANTAGE OF THE CASH TO REDUCE OUR COSTS IN THE FUTURE AND ULTIMATELY SAVE MORE MONEY, YOU KNOW, OVER TIME, OVER THE TIMELINE FOR THOSE BONDS. SO THAT WAS A GOOD MOVE. AND IT IS GOING TO CONTRIBUTE TO HELP US IN THE FUTURE. SO YES, YES, IT'LL SET UP. IT'LL SET US UP FOR FOR MORE LEEWAY ON WHAT WE DO WITH THAT. YEAH. SUPER. ALL RIGHT. ANY OTHER QUESTIONS? THANK YOU SO MUCH. WE'LL NOW MOVE ON TO 4.8.8. NUMBER EIGHT. THIS IS RECEIVE A PRESENTATION ON INSTRUMENT REPLACEMENT PLAN UPDATE FROM JOSEPH FIGARELLI. OR DID I MISS ANOTHER ONE? YEAH, YEAH. WE'RE JUST EXCITED TO HEAR FROM JOE. I GET THAT, BUT DO YOU HAVE THE OLD BOOK? SORRY. GOOD AFTERNOON, EVERYONE. THANK YOU, CHAIRMAN MILLER. HOLD ON HERE. I MAY HAVE AN OLD BOOK BECAUSE I HAD IT DOWN AS THE NEXT ITEM. NUMBER EIGHT. SO LET ME GO TO A NEW BOOK AND GO TO ACTION ITEM. LET'S GO TO ACTION ITEMS. THIS IS 4.B NUMBER ONE. [IV.B. Action Items (Non Consent)] CONSIDER APPROVAL OF DALLAS COLLEGE ENHANCED RESIDENCY PROGRAM. [00:20:02] AND I'M SORRY FOR THE ERROR, BUT PLEASE PROCEED. IT'S OKAY. SHAWNA WIGGINS THANK YOU, CHAIRMAN MILLER. SUPERINTENDENT. THIS IS OUR FINAL MOU THAT WE'RE SUBMITTING FOR APPROVAL OUR AGREEMENT. THE ONE BEFORE YOU IS FOR THE ENHANCED RESIDENCY WHERE WE HAVE RIGHT NOW WE HAVE 19. AND WE'RE RECEIVING $10,000 FROM THE PREP ALLOTMENT. AND WE'RE ADDING ON THE 10,000 FROM TITLE TWO TO PAY THOSE RESIDENTS WHILE THEY SERVE AS CO-TEACHERS WITH OUR FULL TIME, TEACHERS SERVING AS THEIR RESIDENCY COACH. DO YOU HAVE ANY QUESTIONS? YES. ANY QUESTIONS, MISS STANLEY, PLEASE. SO WE HAVE 19 THAT ARE CURRENTLY PARTICIPATING IN THAT. IS THAT WE? YES. SO WE HAVE 19 ASSISTANTS ARE RESIDENTS, RESIDENTS IN THE PROGRAM. OKAY. THEY'RE ALL ELEMENTARY. OH. YEAH. YEAH. OKAY. AND THIS PARTNERSHIP IS WITH DALLAS COLLEGE. SO THIS IS THE LAST AGREEMENT FOR THEM. OTHER QUESTIONS. ANY OTHER QUESTIONS FOR MISS WIGGINS? ANY OTHER QUESTIONS? THANK YOU. I THINK YOU'RE GOING TO STAY UP. ARE YOU STAYING UP FOR THE NEXT ONE. YES. OKAY. SO WE'LL GO TO 4.B NUMBER TWO CONSIDER APPROVAL OF DALLAS COLLEGE GROW YOUR OWN PROGRAM AGREEMENT. AND MISS WIGGINS IS GOING TO PRESENT THIS AS WELL. OKAY. WE CURRENTLY HAVE 38 PARAS. AND AGAIN THIS IS THESE ARE OUR FINAL TWO AGREEMENTS. WE ARE THROUGH THE PREP ALLOTMENT. OUR EMPLOYEES ARE WORKING TOWARDS THEIR BACHELOR'S DEGREES. AND THEY HAVE IT'S A COHORT PROGRAM WITH DALLAS COLLEGE. THEY MEET ONCE A MONTH WHERE THEY GET TO BE A STUDENT FOR FULL TIME AND THERE IS ACCOUNTABILITY AND WHATNOT. AND SO THIS WAS THE FINAL PIECE OF THE PREP ALLOTMENT AGREEMENT. WE'RE RECEIVING ABOUT $8,000 PER EMPLOYEE, AND WE ARE COST SHARING WITH DALLAS COLLEGE AT THE END WITH OUR SUCCESS FUNDING. AND THEY'LL RECEIVE 20% PER PERSON THAT GRADUATES. THE GOAL IS FOR THEM TO GRADUATE IN THREE YEARS SO THAT THEY CAN JOIN OUR WORKFORCE AS TEACHERS TO ENHANCE OUR TEACHER PIPELINE. QUESTION. YES. MR. BEACH. YES. THANK YOU FOR THAT REPORT. ABOUT HOW MANY STUDENTS DO WE HAVE IN THIS PROGRAM? DO YOU KNOW THE NUMBER OF STUDENTS THAT ARE. THAT'S NOT THE 19, IS IT? NO. FOR THE GROW YOUR OWN. THESE ARE OUR INSTRUCTIONAL AIDES. WE HAVE 38, CURRENTLY. 38. AND ABOUT 14 OF THEM ARE HIGH SCHOOL GRADUATES THAT GRADUATED IN MAY. SO WE'RE REALLY EXCITED TO GROW THAT PROGRAM. SO MR. SELDERS FIRST AND THEN LARRY, YOU'LL BE NEXT. JUST A QUICK QUESTION. I DIDN'T SEE IT IN THE MATERIAL, BUT IS THERE A LIMIT OR CAP ON THE NUMBER OF INDIVIDUALS THAT ARE ACCEPTED TO THIS PROGRAM? I THINK WE WERE APPROVED FOR 40. OKAY. AND SO WE HAVE THE OPTION TO CONTINUE THIS PROGRAM FOR AN ADDITIONAL TWO YEARS. SO WE'RE HOPING TO KEEP IT GOING. AND THEN THE APPROVAL OF 40 SPOTS IS BASED ON WHAT? THE FUNDING. OKAY. YES. THANK YOU. YOU'RE WELCOME. THAT'S AWESOME. ARE YOU, ARE YOU THROUGH, MR. SELDERS? OKAY. MR. GLICK. OKAY. ANY OTHER QUESTIONS, MISS WIGGINS? OKAY, LET'S GO TO THE THIRD ITEM HERE. THIS WILL BE B. 4.B.3. CONSIDER APPROVAL OF THE 2026 2027 T-TESS CALENDAR. AND I THINK I SEE ATTICUS WEISNER IN FRONT OF ME. YES, SIR. GOOD EVENING, CHAIRMAN MILLER, BOARD OF TRUSTEES, DOCTOR LOPEZ, BEFORE YOU AS THE PROPOSED T-TESS CALENDAR, I WANT TO BRING TO YOUR ATTENTION. I BELIEVE EACH ONE OF THE BOARD MEMBERS HAS A PURPLE FOLDER IN FRONT OF THEM. HR MADE A COUPLE OF ADJUSTMENTS TO THIS PROPOSED CALENDAR, THE ONE THAT'S IN YOUR DIGITAL BOARD BOOK. AND I WANTED TO BRING THOSE TO YOUR ATTENTION. EVEN THOUGH THEY'RE VERY SLIGHT, IF YOU LOOK AT THE APRIL AND MAY WINDOWS, I CHANGED OR HUMAN RESOURCES CHANGED THE ORIGINAL LAST DAY FOR THE SUMMIT OF ANNUAL CONFERENCE WITH TEACHERS FROM MAY THE 14TH. WE CHANGED THAT TO APRIL THE 22ND. SO THAT WAS MOVED UP. AND THEN WE ADDED AN ELEMENT TO THE MAY 2027 WINDOW WHERE I PUT, WE PUT LAST DAY TO SHARE SUMMIT OF ANNUAL APPRAISAL REPORT WITH TEACHERS. SO JUST A LITTLE BIT MORE GRANULAR. AND THE CHANGES WERE MADE SO WE WERE IN COMPLIANCE WITH THE STATUTORY REQUIREMENTS OF DNA LEGAL. BE HAPPY TO ANSWER ANY QUESTIONS. ANY QUESTIONS ON THIS? ON THE CALENDAR. ANY QUESTIONS. THANK YOU VERY MUCH. NO QUESTIONS. THANK YOU FOR YOUR WORK. THANK YOU SIR. ALL RIGHT. LET'S GO TO 4.B.4 NEW BIDS. HERE WE GO. CONTRACT NUMBER 106-27. CONSIDER APPROVAL OF PURCHASE OF INK AND TONER CARTRIDGES. [00:25:01] MISS CASPER. WELCOME. GOOD EVENING AGAIN. CHAIRMAN MILLER, BOARD OF TRUSTEES AND DOCTOR LOPEZ. THE FIRST ITEM IS THE CONTRACT APPROVAL OF PURCHASE OF INK AND TONER CARTRIDGES. CONTRACT 106-27. THIS AWARD WILL PROVIDE INK AND TONER CARTRIDGES FOR THE DISTRICT'S SMALL PRINTERS, ENSURING STAFF HAVE THE SUPPLIES NEEDED TO SUPPORT DAILY OPERATIONS AND INSTRUCTIONAL ACTIVITIES. IT IS THE, AND THIS IS A NEW AWARD REPLACEMENT WITH A PROCUREMENT METHOD UTILIZING A COOPERATIVE PURCHASE CONTRACT WITH A CONTRACT TERM OF ONE YEAR WITH TWO ANNUAL RENEWAL OPTIONS. A FINANCIAL IMPACT NOT TO EXCEED $350,000 WITH A FUNDING SOURCE OF 199 GENERAL FUND. I'LL ENTERTAIN ANY QUESTIONS YOU MIGHT HAVE. THANK YOU FOR THAT. ANY QUESTIONS? BOARD OF THIS ITEM, MR. BEACH? YES. IS THIS SOMETHING THAT WE'RE GOING TO BE STORING OR. I MEAN, ARE WE GOING TO BE ORDERING AS AS NEEDED? YES. EACH INDIVIDUAL CAMPUS OR DDEPARTMENT WILL ORDER THESE AS THEY THE NEED ARISES TO BUY TONER FOR THEIR DESKTOP PRINTERS. THIS IS NOT THE LARGE COPIER MACHINES. OKAY. THANK YOU. ANY OTHER QUESTIONS? THANK YOU SO MUCH. WE'LL MOVE NOW TO ITEM 4B 4B 4.B.4.B. THE CONTRACT 214-27. CONSIDER APPROVAL OF PURCHASE OF HVAC EQUIPMENT AND PARTS. MISS CASPER, PLEASE CONTINUE. SO THIS ITEM AGAIN IS FOR CONSIDER APPROVAL OF PURCHASE OF HVAC EQUIPMENT AND PARTS CONTRACT 214-27. THIS AWARD WILL PROVIDE THE PROCUREMENT OF HVAC EQUIPMENT AND PARTS. IT IS A NEW AWARD REPLACEMENT UTILIZING A COOPERATIVE PURCHASE CONTRACT WITH A CONTRACT TERM OF ONE YEAR, WITH ONE ANNUAL RENEWAL OPTION AVAILABLE. THE FUNDING IMPACT IS NOT TO EXCEED $150,000, WITH A FUNDING SOURCE OF 199 GENERAL FUNDS. ENTERTAIN ANY QUESTIONS YOU MIGHT HAVE. ANY QUESTIONS ON THIS ITEM? MR.. [INAUDIBLE] WHEN WE ORDER. THIS IS SOMETHING WHERE WE WILL PROBABLY STOCK. WE WILL STORE THESE. OR ARE WE GOING TO ORDER FROM THEM ALSO FROM CARRIER? I BELIEVE, AND I WILL SEE IF I HAVE ANYBODY FROM MAINTENANCE. AND THE REASON I'M ASKING, BECAUSE OUR MAINTENANCE DEPARTMENT WILL BE THE ONES TO DO THE INSTALLATION. IS THAT CORRECT? SO YEAH, WE HAVE A SPEAKER APPROACHING THE MICROPHONE. MY APOLOGIES. IT'S OKAY. SO YES, THIS IS FOR HVAC EQUIPMENT AND SUPPLIES. SO WE DO KEEP SOME THINGS ON HAND, BELTS AND ROUTINE THINGS THAT WE PURCHASE. BUT THEN WE ALSO PURCHASE ADDITIONAL ITEMS THAT MAY FAIL LIKE LIKE A COUPLER THAT FAILED YESTERDAY. BUT THIS CONTRACT DOESN'T HAVE ANYTHING TO DO WITH THEM AS FAR AS PERSONNEL OR ANYTHING LIKE THAT. IT'S STRICTLY OUR MAINTENANCE DEPARTMENT. IS THAT CORRECT? THAT IS CORRECT, YES. THANK YOU, THANK YOU, THANK YOU DOCTOR DUPLESSIS. ANY OTHER QUESTIONS ON THIS PARTICULAR ITEM. IF NOT WE'RE GOING TO GO TO 4.B.4.C CONTRACT 214. OH. 214-27-01. AND THIS WILL BE CONSIDERED APPROVAL OF PURCHASE OF HVAC EQUIPMENT AND SERVICES. ALL RIGHT. AGAIN SO THIS ONE IS FOR APPROVAL OF PURCHASE OF HVAC EQUIPMENT AND SERVICES CONTRACT 214-2701. THIS AWARD WILL PROVIDE THE PROCUREMENT OF HVAC EQUIPMENT AND SERVICES, ALLOWING ACCESS TO ADDITIONAL RESOURCES TO SUPPORT OUR ADMINISTRATIVE AND CAMPUS FACILITIES. THIS IS A NEW AWARD REPLACEMENT UTILIZING THE COOPERATIVE PURCHASE CONTRACT WITH A CONTRACT TERM OF ONE YEAR. A FINANCIAL IMPACT NOT TO EXCEED 150,000 AND A FUNDING SOURCE OF 199 GENERAL FUNDS. I'LL ENTERTAIN ANY QUESTIONS. THANK YOU. ANY QUESTIONS BOARD ON THIS ITEM? IT'S GOOD. WE NORMALLY ONLY HAVE ONE HVAC ITEM, BUT THIS MONTH WE HAVE TWO. THAT'S GREAT. I THINK THAT'S 220 MEETINGS IN A ROW. LARRY, WE'VE HAD HVAC AND THAT'S THE WAY IT GOES. OKAY. WE'RE GOING TO GO TO ITEM 4.B.4.D CONTRACT 302-26-03. CONSIDER APPROVAL OF PURCHASE OF INSTRUCTIONAL MATERIALS, SUPPLIES, TESTING AND EQUIPMENT. ALL RIGHT. PLEASE CONTINUE. THIS IS CONSIDERING APPROVAL OF PURCHASE OF INSTRUCTIONAL MATERIALS, SUPPLIES, TESTING AND EQUIPMENT. CONTRACT 302-26-03. WE ARE ADDING ADDITIONAL VENDORS TO CONTINUE CREATING A POOL OF AWARDED INSTRUCTIONAL MATERIAL. VENDORS THAT HAVE BEEN APPROVED AND VETTED FOR GARLAND ISD CAMPUSES AND DEPARTMENTS. THIS IS A NEW AWARD REPLACEMENT YIELDING FROM A REQUEST FOR PROPOSAL WITH A CONTRACT TERM OF ONE YEAR WITH FOUR ANNUAL RENEWAL OPTIONS. A FINANCIAL IMPACT NOT TO EXCEED 850,000 WITH A FUNDING SOURCE OF 199 GENERAL FUNDS. [00:30:04] ENTERTAIN ANY QUESTIONS YOU MIGHT HAVE. OKAY. ANY QUESTIONS? YEAH. MR. BEACH, JUST QUICKLY, I NEED TO ASK MR. BRENNAN. IS HE HERE? IS THIS PROCESS THE RFP PROCESS? IS IT AN ONGOING. IS THERE A WINDOW OR IS IT AN ONGOING FOR THE ENTIRE SCHOOL YEAR? IT'S ONGOING FOR THE ENTIRE SCHOOL YEAR. SO THAT WAY, WHENEVER WE FIND A NEW VENDOR THAT FITS WITHIN OUR BUDGET TO DELIVER A SERVICE FOR THE STUDENTS, WE'RE READY TO GO. PERFECT. THANK YOU. OKAY. ANY OTHER QUESTIONS? THANK YOU SO MUCH. WE'LL GO TO 4.B.4.E CONTRACT 345-25-01. CONSIDER APPROVAL OF PURCHASE OF FINE ARTS TEMPORARY STAFFING PERSONNEL SERVICES. PLEASE CONTINUE, MISS CASPER. ALL RIGHT. SO THIS IS AGAIN FOR CONSIDERING APPROVAL OF THE PURCHASE OF FINE ARTS TEMPORARY STAFFING PERSONNEL SERVICES CONTRACT 345-25-01. WE ARE ADDING ADDITIONAL VENDORS TO CONTINUE CREATING A POOL OF AWARDED TEMPORARY STAFFING VENDORS THAT HAVE BEEN APPROVED AND VETTED FOR GARLAND ISD CAMPUSES AND DEPARTMENTS. THIS SPECIFIC RECOMMENDATION TO AWARD INCLUDES THE ADDITION OF 83 NEW COMPANIES. THIS IS A NEW AWARD REPLACEMENT YIELDED FROM A REQUEST FOR PROPOSAL CONTRACT TERM OF ONE YEAR WITH FOUR ANNUAL RENEWAL OPTIONS WITH A FINANCIAL IMPACT NOT TO EXCEED $800,000 WITH A FUNDING SOURCE OF 199 GENERAL FUNDS. WE'LL ENTERTAIN ANY QUESTIONS YOU MIGHT HAVE. THANK YOU. ANY QUESTIONS ON THIS ITEM? BOARD. REVIEWED THE LIST. OH, DAPHNE. I'M SORRY, MISS STANLEY. GO AHEAD. THANK YOU, PRESIDENT MILLER. DO WE EVER TAKE PEOPLE OFF THESE LISTS, OR IS THIS JUST SOMETHING THAT WE JUST CONTINUE TO ADD TO? I WILL DEFER TO MR. FIGARELLI. THANK YOU SO MUCH. NO, WE TRY TO KEEP THAT. WE TRY TO MAKE OUR LIST AS BIG AS WE CAN, BECAUSE THIS IS FOR ANYBODY TO BE ABLE TO CHOOSE FROM. AND IF THEY GOT TO RENEW THEIR CONTRACTS EVERY FIVE YEARS, IF THEY DON'T RENEW THEM, THEN THEY COME OFF THE LIST. BUT IN THE MEANTIME, WE TRY TO MAKE PUT AS MANY INDIVIDUALS AS WE CAN IN THERE. SO WE HAVE A VARIETY OF INDIVIDUALS THAT CAN COME AND HELP OUR PROGRAMS. OKAY. THANK YOU. OKAY. ANY FURTHER QUESTIONS? SEEING NONE, WE'LL GO TO ITEM 4.B, ITEM 4.F, WHICH IS CONTRACT 345-27-02. CONSIDER APPROVAL OF PURCHASE OF MUSICAL INSTRUMENTS, PARTS AND REPAIR SERVICES, MISS CASPER. ALL RIGHT. SO THE FINAL. NO, NOT THE FINAL ONE THIS EVENING. BUT THIS ONE IS TO CONSIDER APPROVAL OF PURCHASE OF MUSICAL INSTRUMENTS PARTS AND REPAIR SERVICES. CONTRACT 345-27-02. THIS AWARD IS NECESSARY TO CONTINUE SUPPORTING ALL GARLAND ISD FINE ARTS PROGRAMS THROUGH THE PURCHASE AND MAINTENANCE, INCLUDING PARTS OF MUSICAL INSTRUMENTS. PARTICIPATION IN PROGRAM NEED ACROSS THE DISTRICT HAVE CONTINUED TO GROW, DRIVING INCREASED DEMAND FOR INSTRUMENTS, REPLACEMENT PARTS, SUPPLIES AND REPAIR SERVICES. THIS IS A NEW AWARD REPLACEMENT YIELDING FROM A COOPERATIVE PURCHASE CONTRACT WITH A CONTRACT TERM OF ONE YEAR, WITH 3 ANNUAL RENEWAL OPTIONS WITH FINANCIAL IMPACT NOT TO EXCEED $2.7 MILLION AND A FUNDING SOURCE FROM 199 GENERAL FUNDS. WE'LL ENTERTAIN. ANY QUESTIONS, YOU MIGHT HAVE. MORE QUESTIONS. MR. BEACH. IS THIS NOT THE SAME CONTRACT THAT WE LOOKED AT THE OTHER NIGHT AT THE BOARD MEETING? SO THIS IS A SEPARATE ONE. WHAT WE BROUGHT IN JULY WAS AN INCREASE TO A PREVIOUS CONTRACT HELD BY THE DISTRICT. MOVING FORWARD, WHEN THAT ITEM WAS PULLED, WE IDENTIFIED A SOONER EXPIRATION DATE THAN WHAT HAD BEEN ANTICIPATED OF THAT CONTRACT, FORCING US TO GO OUT AND FIND A NEW COOPERATIVE CONTRACT. SO WE ARE UTILIZING A NEW COOPERATIVE CONTRACT THROUGH OUR EPC&T FRISCO ISD COOPERATIVE, YIELDING A NEW NOW A NEW ACTION VERSUS AN INCREASE, WHICH WAS WHAT WE BROUGHT IN JULY. SO I'M GOING TO ASK A QUESTION HERE. AND MAYBE THIS MAY NOT BE THE RIGHT PLACE TO DO IT, BUT I'M GOING TO DO IT. I WOULD SURE LIKE TO SEE A SPREADSHEET OF WHEN WE APPROVED THE THE $15 MILLION FOR 10 YEARS OR FOR THE NEW EQUIPMENT AND THEN FOR THE WHAT WE HAVE DONE TO THAT POINT WITH THAT, BECAUSE I KNOW THAT WE DOUBLED UP THE VERY FIRST YEAR ON LIKE ALMOST $4 MILLION, THREE POINT SOMETHING FOR THAT FIRST YEAR FOR THE NEW FOR NEW EQUIPMENT AND WHERE WE STOOD, WHERE WE STAND IN THAT PARTICULAR CONTRACT AND WHERE WE'RE TRYING TO GO WITH THE REMAINDER OF THESE APPROVALS FOR THESE NEW REPAIRS THAT WE'RE SEEING THAT ARE COMING TO US. I'M IN FAVOR OF THE KIDS GETTING THE BEST THAT WE CAN AND THE QUALITY THAT WE CAN, BUT I DON'T WANT TO CONTINUE TO GO THERE IF I CAN'T SEE SOMETHING IN WRITING. AND I THINK SOME OF THE OTHER BOARD MEMBERS MIGHT BE IN AGREEMENT WITH THAT, TO SEE THAT SPREADSHEET, [00:35:04] OR AT LEAST HAVE WE GOT SOME INFORMATION THE OTHER DAY IN AN EMAIL? AND I TOTALLY DIDN'T UNDERSTAND IT, REALLY, TO TELL YOU THE TRUTH. SO I WOULD LIKE TO HAVE A BETTER UNDERSTANDING. SO I WILL DEFER TO MR. FIGARELLI FOR THE SPREADSHEET OF WHAT HAS BEEN PURCHASED, MEANING WHAT CAMPUSES HAVE RECEIVED THE NEW HORNS VERSUS ARE STILL WAITING FOR THEIR TURN IN THE REPLACEMENT CYCLE. WHAT I CAN EXPLAIN IS THAT YIELDING THE INCREASE. SO PRIOR TO MY ARRIVAL, THAT REPLACEMENT CYCLE WAS APPROVED TO REPLACE THE HORNS AT THE 15 MILLION. AT SOME POINT, THE PURCHASING DEPARTMENT WAS NOT MADE AWARE OF THAT APPROVAL. I CAN'T SPEAK TO THAT, BUT WHAT TRANSPIRED WAS THE PURCHASE ORDERS ISSUED TO PURCHASE THE NEW HORNS IN THE CYCLES OF REPLACEMENT THAT HAVE ALREADY OCCURRED WERE A PLOT, WERE APPLIED TO A DIFFERENT CONTRACT THAT EXHAUSTED THE FUNDS ON THAT OTHER CONTRACT, WHICH WAS ALLOWED FOR THE PURCHASE OF INSTRUMENTS, BUT IT ALSO ALLOWED FOR SUPPLIES. IT ALLOWED FOR ALL OF THE OTHER CONSUMABLE ITEMS AND REPAIR PARTS AND SERVICES NEEDED. THAT WAS WHAT YIELDED THE INCREASE ITEM THAT WAS BROUGHT TO YOU IN JULY AT THE BOARD MEETING, BECAUSE THAT REPLACEMENT CYCLE CONTRACT WAS NOT NOTIFIED TO PURCHASING TO CREATE A MECHANISM TO APPLY THOSE PURCHASES AGAINST YOUR AWARDED AUTHORIZATION. IT ATE THE AUTHORIZATION DOLLARS FROM THE OTHER CONTRACT. THAT'S WHAT'S YIELDING THIS 2.7 MILLION. I HOPE THAT I HOPE THAT MADE HELPS TO CLEAR UP. CLEAR AS MUD. YEAH, I'M CLEAR FIGARELLI. FIGARELLI. MR. FIGARELLI. WHY DON'T WHY DON'T YOU COME UP? BECAUSE I THINK WE'RE GOING TO HAVE SEVERAL QUESTIONS. SO FROM THAT EXPLANATION, AM I TO UNDERSTAND THAT WE HAD 2 DIFFERENT CONTRACTS FOR MUSIC INSTRUMENTS, 1 OF WHICH. IN OTHER WORDS, IF WE HAD 2 DIFFERENT 2 DIFFERENT BUDGET ITEMS, MAYBE LET'S CALL IT THAT FOR PURCHASING AND REPAIRING AND SERVICES OF EQUIPMENT. WE JUST NEED TO MAKE SURE THE BOARD NEEDS TO MAKE SURE THEY KNOW WHICH ONE WE'RE LOOKING AT AND WHICH DOLLARS ARE COMING OUT OF WHICH CONTRACT, AND IF THEY GOT CONFUSED. OKAY, LET'S GET IT CLEARED UP. AND IF THAT TAKES A SPREADSHEET. YEAH. MR. BEACH OR SOMETHING SO THAT WE KNOW WHERE IT IS, THEN THAT EXPLANATION MAY GO A LONG WAY. BUT WHY DON'T YOU GO AHEAD NOW? YOU'VE GOT THE FLOOR, AND THEN I'LL GET THE OTHER BOARD MEMBERS TO ASK THEIR QUESTIONS. ABSOLUTELY. FIRST OF ALL, MR. BEACH THAT'S COMING UP, ALL THAT INFORMATION FOR THE INSTRUMENTS THAT'S COMING UP NEXT MONTH IN THE SEPTEMBER BOARD MEETING. BUT JUST TO LET YOU KNOW, ABOUT 85 TO 100% OF ALL THE INSTRUMENTS THAT WE'VE ORDERED HAVE ALREADY BEEN RECEIVED. AND I'LL GIVE YOU ALL OF THAT INFORMATION NEXT NEXT MONTH. BUT IT WAS A 10 YEAR PLAN THAT WE PUT TOGETHER SINCE WE DOUBLED THE 1ST YEAR, WE'RE REALLY GOING TO STOP AT YEAR 9. IT'S WHAT WE DID. YEAR 10 WAS GOING TO BE AN OFF YEAR BECAUSE WE JUST USED YEAR 10 ON THE ONE. THAT'S WHAT WE DID. SO WE CAN KEEP IT CONSISTENT. SO IT'S A 10 YEAR PLAN IS WHAT WE DID. WE DOUBLED THE 1ST YEAR. RIGHT NOW WE HAVE RECEIVED 4 YEARS WORTH OF. IF YOU COUNT, THE 1ST 1 IS 2. THEN 4 YEARS WORTH OF INSTRUMENTS IS WHAT WE HAVE RECEIVED, MEANING WE HAVE 5 MORE LEFT IN THE 10 YEAR PLAN. THAT'S WHERE WE ARE RIGHT NOW. BUT I'LL BRING ALL THAT INFORMATION TO YOU IN SEPTEMBER. OKAY. AS FAR AS THIS CONTRACT, THIS CONTRACT RIGHT NOW, THAT IN THAT ENTAILS ALL THE REPAIRS, ALL THE PARTS FOR REPAIRS AND NEW INSTRUMENTS THAT WE PURCHASE. IT'S ALL IN ONE CONTRACT. ISN'T THIS $2 MILLION CONTRACT RIGHT NOW? BECAUSE WE HAVE ALL THESE BIG PURCHASES OF INSTRUMENTS, WHICH IS Y'ALL GIVE US AND WE'RE SO GRATEFUL FOR THAT. 1.1 $1,555,600 EVERY SINGLE YEAR. THAT TAKES UP A LOT OF THE CONTRACT ITSELF AND MY BUDGET. ALSO, I PROVIDE $100,000 FOR OUR ORCHESTRA DEPARTMENT SO WE CAN PURCHASE INSTRUMENTS FOR OUR ORCHESTRA STUDENTS, VIOLINS, VIOLAS, CELLOS, BASES AND ALL THAT. SO THAT ALONE IS ALMOST 1.7 MILLION RIGHT THERE ALREADY FROM JUST PURCHASES IN THAT ITSELF PROVIDE ANOTHER OUT OF MY BUDGET. AND ALL THESE BUDGETS ARE ALREADY ENCUMBERED. THEY'RE ALREADY PART OF IT. WE WE HAVE TO REPAIR THE INSTRUMENTS AND WE HAVE TO CLEAN THE INSTRUMENTS. AND THAT'S VERY IMPORTANT FOR STUDENT SAFETY. AND WITH THAT BEING SAID, COST OF REPAIRING AND CLEANING HAS GONE UP IN THE LAST FEW YEARS. SO I PROVIDE ANOTHER $400,000 JUST TO CLEAN AND REPAIR INSTRUMENTS ALONE. IF YOU ADD THAT UP 1.7 AND 4, WE'RE AT 2.1. THE CONTRACT IS 2. SO WE'RE ALREADY OVER THE CONTRACT WE'RE ASKING FOR ON TOP OF THAT, THE 3RD PART, THE CAMPUSES ALSO HAVE THEIR OWN BUDGET THAT THEY CAN ALSO PURCHASE INSTRUMENTS OR REPAIR IN ADDITION TO WHAT I GIVE THEM. AND THEN THERE'S THE 4TH PART. ANYTHING THAT DOESN'T COME IN BY JUNE CAN CARRY OVER OF ANY PURCHASE OF INSTRUMENT, [00:40:03] AND THAT HITS NEXT YEAR'S BUDGET. SO WITH THAT BEING SAID, WE'RE ASKING FOR 2.7, NOT THAT WE'RE GOING TO USE THE 2.7. IT'S JUST THAT IT'LL HELP US GET OVER THE 2, WHICH IS WHY WE'RE OVER IT RIGHT NOW. IT'LL ALLOW US TO BE ABLE TO PURCHASE AND REPAIR AS NEEDED. BUT SECONDLY, IT GIVES US A BUFFER AND IT GIVES US A BUFFER. SO WE DON'T HAVE TO COME TO THE BOARD TO ASK FOR AN INCREASE, BECAUSE THAT TAKES ABOUT A MONTH OR 2 TO GET THAT INCREASE AND BE ABLE TO USE THAT CONTRACT AGAIN. AND BY DOING THAT, IT'S NOT GOING TO HURT ANY OF OUR GROUPS, ESPECIALLY WHEN THEY'RE IN SEASON. AND A MONTH FROM NOW, WE'RE GOING TO BE IN THE MIDDLE OF MARCHING UIL. AND IF SOMETHING NEEDS A REPAIR OR A PURCHASE AT THAT MOMENT AND THE CONTRACT IS ON HOLD BECAUSE WE'RE HERE, THEN WE'RE NOT ABLE TO PROVIDE THEM WHAT THEY NEED. AND IT COULD AFFECT US DURING. THAT'S WHAT WE'RE TRYING TO MAKE IT A 2.7. IT'S NOT THAT WE'RE GOING TO USE THE 2.7, BUT IT GIVES US A BUFFER IN CASE ANYTHING IS NEEDED FROM THE CAMPUSES OR A CARRYOVER OR WITH WHAT WE'RE DOING. THAT WAY, WE HAVE ENOUGH MONEY IN THERE TO BE ABLE TO DO WHAT WE NEED TO. SO IS THAT BUFFER HELD UNTIL IT YOU NEED IT, OR DO YOU CAN YOU USE IT OVER INTO, LIKE YOU SAID, THE VIOLINS OR FOR ORCHESTRA OR DRILL TEAM, OR INSTRUMENTS, WHICH IS FOR ORCHESTRA AND BAND, AND IT'S FOR REPAIRS, WHICH IS FOR ORCHESTRA AND BAND AS WELL. AND THIS IS BAND OF MIDDLE SCHOOL ALL THE WAY TO HIGH SCHOOL. AND THIS IS ANY INSTRUMENT REPAIR CAN BE ELEMENTARY MUSIC AS WELL. IF AN INSTRUMENT DAMAGES, WE SEND IT INTO THESE COMPANIES AND WE CAN REPAIR SOMETHING. WELL, I APPRECIATE THE HARD WORK THAT THE BANDS AND THE SCHOOLS ARE DOING. AND I DROVE BY ONE THE OTHER DAY THAT WAS PERFORMING AND WORKING OUT. AND THE THING THAT ALARMED ME MORE THAN ANYTHING ELSE IS THEY WERE TAKING A BREAK. AND WHEN I SAW THE INSTRUMENTS ON THE GROUND UNDERNEATH THE TREE, I KIND OF WENT, OH, THAT'S NOT GOOD, YOU KNOW? SO THAT WAS KIND OF AN ALARM, BUT THAT'S OKAY, I UNDERSTAND. I MEAN, THEY HAD TO GET SOME SHADE OR WHATEVER BECAUSE IT WAS HOT. BUT I JUST FEEL LIKE THAT WE NEED TO HAVE INFORMATION SO THAT I THINK EVERYBODY ON THE BOARD WOULD LIKE TO SEE THAT TOO, SO THAT WE KIND OF HAVE A BETTER UNDERSTANDING OF THE INSTRUMENT OF THE DIFFERENT CONTRACTS. YES. SURE. YEAH. SO SO WITHIN THAT MR. DODD, DO WE HAVE TWO DIFFERENT BUDGET ITEMS RUNNING PRIOR TO THE 15 MILLION? DID WE ALREADY HAVE A BUDGET ITEM THAT INCLUDED BAND INSTRUMENTS, REPLACEMENTS, REPAIRS, ETC.? YES. THAT'S ALWAYS BEEN IN THE BUDGET. SO THE 15 MILLION, WHEN IT CAME IN, IT WAS JUST A SEPARATE CONTRACT IN ADDITION TO WHAT WE WOULD NORMALLY SPEND THIS 15 MILLION. CORRECT. SO THE 15 MILLION WAS A BOARD ACTION ITEM THAT THAT YOU AS A BUDGET MANAGER, YOU COULDN'T REALLY ALTERNATE. YOU COULDN'T REALLY DETER FROM THAT OR TAKE AWAY FROM THAT. THAT WAS MONEY IN THE BUDGET FOR THAT SPECIFIC REASON. IT WASN'T UNDER YOUR BUDGETARY CONTROL. NO, IT STAYS IT THAT WAY. OKAY. SO THAT ONE STAYS THE SAME. THE ONE THAT WE'RE TALKING ABOUT TONIGHT IS A REGULAR BUDGET ITEM. NO. THIS INCLUDES THE 15 MILLION. THIS INCLUDES THE THE THE PURCHASE OF THE HORNS. THAT IS PART OF WHAT YOU'RE SAYING. PART OF THAT 15 MILLION THAT WAS APPROVED, IT'S 1.5 MILLION EACH YEAR. RIGHT? SO THIS IS PART OF THIS THIS CONTRACT HERE AND ANY OTHER INSTRUMENTS THAT THEY BUY. IF THEY BUY INSTRUMENTS FOR 1.5 MILLION PER YEAR FOR THAT $15 MILLION, 10 YEAR CONTRACT. AND THEN WHAT WAS THE BUDGET ITEM IN THIS PERIOD THAT WE'RE TALKING ABOUT? GENERAL BUDGET ITEM FOR THAT. SO IT WILL INCLUDE THE 1.5 AND THEN ALL THE INSTRUMENTS. I CAN'T SPEAK TODAY INSTRUMENT REPAIRS AND ANY OTHER PURCHASES THAT THEY DO WELL FOR THAT UP TO HOWEVER MUCH THEY HAVE IN THE BUDGET, THEY DON'T HAVE A FULL, YOU KNOW, AND BUT WE DO END UP SOMETIMES THEY SEND INSTRUMENTS FOR REPAIR IN MAY. THEY MAY NOT GET THEM BACK UNTIL AUGUST. YES, SIR. OR WHATEVER. AND SO THAT CROSSES OUR FISCAL YEAR. YES, SIR. AND IT COULD ADD UP TO. THAT'S ONE OF. THAT LITTLE BIT OF A BUFFER IS SET IN FOR THIS CONTRACT. OKAY. SO WITHIN THE BUDGET SCOPE, THERE'S NO SUCH THING AS ACCRUING FOR ANYTHING. AND IF IT DOESN'T COME IN, YOU JUST PAY FOR IT. AND WHEN IT'S DUE, IT'S DUE. AND WHEN THE NEXT YEAR ROLLS OVER, IT COMES OUT OF NEXT YEAR'S BUDGET. CORRECT. ALL RIGHT. AND THEN WITHIN THAT, THIS $2.7 MILLION IS 1.5 OF IT BELONGED TO THAT 15 MILLION PART. AND THE REST OF IT BELONGS IN THE. JUST BIFURCATE THAT FOR US WHEN YOU DO THE SPREADSHEET. SO THE BOARD WILL KNOW KIND OF WHAT'S ON THE CURRENT ITEM BUDGET THAT THE BUDGET DEPARTMENT HAS CONTROL OF. SO SO JUST FOR CLARIFICATION, 15 MILLION THAT THE BOARD SPECIFICALLY INSTRUCTED THE DISTRICT TO SPEND FOR BAND INSTRUMENTS. FOR 2 FOR CLARIFICATION, JUST I THINK EVERYBODY'S GETTING CONVOLUTED, CONVOLUTED AND CONFUSED. OKAY. SO FIRST OF ALL, WE'RE GOING TO DO A PRESENTATION ON THIS IN SEPTEMBER, A FULL PRESENTATION, JUST A MUSICAL UPDATE. SO YOU GUYS WILL GET ALL THAT. BUT IN A NUTSHELL, 2 THINGS. WE JUST LOOKED AT THE MATERIALS. [00:45:05] LET'S USE THE MATERIALS, EVERYTHING IN OUR DISTRICTS IN AGGREGATE. OKAY. SO WE WE HAVE TO HAVE A DO NOT EXCEED. WE HIT THRESHOLDS VERY QUICKLY. AND SO WE HAVE THRESHOLDS THERE. IT DOESN'T MEAN THAT WE'RE ADDING MONEY TO THE BUDGET. IT'S JUST WE'RE ADDING BUFFERS. SO THAT WAY WE CAN HAVE EXPENDITURES. YOU WOULD HATE FOR TESTING MATERIALS TO COME IN. AND I'M THROWING OUT A SCHOOL. KEELEY ELEMENTARY WANTS TESTING MATERIALS. WE ALREADY HIT OUR THRESHOLD AND WE SAID, WE CAN'T ORDER YOU ANY MATERIALS BECAUSE WE ALREADY HIT OUR THRESHOLD. NOW YOU HAVE TO WAIT. SO BY THE TIME WE GET TO THE BOARD AND EVERYTHING ELSE, YOU GIVE APPROVAL, A MONTH OR 2 IS ALREADY PASSED, AND THEN THEY HAVE TO ORDER IT, AND THEN THERE'S ANOTHER MONTH. WE LOST 3 MONTHS. SO THESE 2 CONTRACTS HAVE ALWAYS EXISTED, RIGHT? WE'VE HAD REPAIRS. THIS ISN'T NEW. WE'VE HAD INSTRUMENTS THAT ISN'T NEW. BUT THEY'RE COMBINING THE 2 NOW FOR EFFICIENCY. SO THEN THAT WAY THE THRESHOLD ON BOTH OF THEM BECAUSE THEY'RE USING THE SAME VENDOR. YOU DON'T HAVE TO USE THESE TWO DIFFERENT CODES TO SAY, IS THIS A REPAIR OR IS THIS A NEW INSTRUMENT? IS THIS A NEW INSTRUMENT ALLOCATION FROM WHAT THE BOARD GAVE YOU? OR IS THIS A NEW INSTRUMENT FROM THE CAMPUS? SO THEY'RE COMBINING THE 2. THESE TWO HAVE ALWAYS EXISTED. OKAY. SO WE'RE COMBINING THE 2 NOW. WE JUST IMPROVED THE THRESHOLD BECAUSE THERE'S ALWAYS UNFORESEEN. WE DO THIS WITH HVAC. WE DO THIS WITH ALMOST EVERYTHING THAT WE BUY. SO THEN THAT WAY THERE'S NO STOP GAP. IF SOMETHING HAPPENS, THIS, THIS. SO WHEN YOU SEE AN INCREASE, IT'S NOT LIKE WE'RE ADDING $1 MILLION FROM OUR BUDGET TO IT. WE'RE ALLOWING THE CAMPUSES TO ADD THE MONEY. WE WE'RE FORECASTING THE INVESTMENT AND IT'S ONE BIGGER CONTRACT. OKAY. AND SO WE CAN DO THE SPREADSHEET FOR YOU IN IN SEPTEMBER. WE COULD DO ALL OF THAT FOR YOU IN SEPTEMBER, BUT THIS IS DUE IN AUGUST. OKAY. AND SO THIS HAS ALWAYS BEEN DONE, BUT NOW WE'RE COMBINING IT FOR EFFICIENCIES AND THEN THE CAP. SO REMEMBER EVERYTHING IN THE DISTRICTS IN AGGREGATE WE'RE NOT ALLOWED TO GO OVER THAT THRESHOLD. SO THAT'S WHY YOU ALWAYS SEE IT DO NOT EXCEED AMOUNT. AND AND WE'RE A BIG DISTRICT WITH A LOT OF TURNING PARTS. SO THAT'S WHAT THAT ALLOWS FOR. SO WITH US MOVING FORWARD IN THIS, WE HAVE TO UNDERSTAND THIS IS NOT NEW. IT'S JUST COMBINING THESE 2 CONTRACTS. SO IT'S MAKING IT EASIER TO TRACK AND PURCHASE UNDER ONE BID ALIGNMENT ALIGNMENT. AND THAT'S WHAT WE'RE GETTING AT. ANYONE ELSE? THANK YOU. ANY OTHER MISS STANLEY? I THINK I KIND OF UNDERSTAND. FOR ME, THE QUESTION I HAD WAS SO WE CO-MINGLED THESE 2 COSTS AND I GET THAT. BUT I GUESS THE HESITATION IS, IS THAT DO WE, IF WE, IF YOU WERE TO GO BACK THROUGH AND SAY, OKAY, I NEED TO PULL OUT X AMOUNT OF DOLLARS, THAT WAS INAPPROPRIATE. I HATE THE WORD INAPPROPRIATE. IT WAS INACCURATELY RECORDED. AND MOVE IT OVER TO HERE. WHERE WOULD WE BE AT? BECAUSE THAT'S WHAT I THINK. THAT'S WHAT THE PROBLEM IS, IS THAT THERE'S JUST A LEVEL OF UNCOMFORT IS THAT HOW DO WE KNOW THAT WE AREN'T EXCEEDING WHATEVER WE HAVE IN THERE BECAUSE WE DO NOT KNOW WHAT IS GOING ON? SO THIS IS THE PRACTICE THAT WE JUST APPROVED EVERYTHING ELSE. AND THIS IS NO DIFFERENT THAN WHAT WE DID FOR INSTRUCTIONAL MATERIALS. THIS IS LITERALLY NO DIFFERENT WHEN WE ASK FOR EXCEEDING AMOUNTS AND WHETHER IT'S NEW MATERIALS OR WHATEVER. WHEN WE DO BOOKS, WE DO. DO NOT EXCEED AMOUNTS. A LOT OF IT IS BECAUSE IT'S AN AGGREGATE. I HAVE TO GO BACK TO THAT. WE HAVE 60 WHAT, 8 SCHOOLS, 67 SCHOOLS. AND WE HAVE TO MAKE SURE THAT EVERY MONEY THEY PUT IN DOESN'T FALL ON EXCEEDS AMOUNT. AND THEN BECAUSE THIS IS CENTRALLY POWERED, WE HAVE TO ALSO LAYER THAT IN GET THAT. BUT BUT WE ALSO DON'T HAVE A $15 MILLION, 10 YEAR PLAN THAT WE HAVE SET ASIDE FOR THE INSTRUCTIONAL MATERIAL THAT WE'VE SET ASIDE FOR THIS THAT'S THERE. THAT'S EXACTLY. AND SO I THINK THAT'S. SO WE GOT THE. SO IT'S THERE. IT SHOWS THAT WE GOT THE PLAN FOR THE NEW INSTRUMENTS, AND IT SHOWS THE ALLOTTED AMOUNT OF MONEY ALLOTTED FOR THIS YEAR. THEN WE'RE ADDING THE REST FOR REPAIRS OR FUTURE REPAIRS OR UNFORESEEABLE. AND THEN WE'RE LEAVING THE BUFFER JUST IN CASE NEW THINGS COME OUT. SO THAT'S BECAUSE IF WE LOOK AT OUR PAGE BOOKLET. IT DOES DEFINE THAT ON PAGE 96. THAT IF WE GO TO THAT, [00:50:09] IT WILL TALK ABOUT THE NEW METHOD OF REPAIR NOT TO EXCEED $2,700,000 OF THAT THAT IS INCLUDED WITH THE WHAT IS THE $1.7 MILLION. AND THEN WE ADD THE REPAIRS. OKAY. BUT THESE USED TO BE SEPARATE. SO BEFORE YOU WOULD SAY 1.55 AND THEN YOU WOULD DO THE REPAIRS. I GET THAT AND THAT'S WHAT I'M SAYING IS THAT IN OUR MIND AND JOHNNY, PLEASE SAY IF I'M NOT REPRESENTING IT CORRECTLY, I JUST WANT TO SEE THAT IT'S REALLY THE 1.55 AND WHAT WE'RE SPENDING ON THE REPAIRS, BECAUSE WE ALSO MAKE A COMMENT IN HERE THAT WITH CONTINUED GROWTH DRIVING INCREASED DEMAND. SO WHEN I SEE THAT, IT ALSO TELLS ME THAT THAT 15 MILLION, IF WE CONTINUE TO HAVE THIS INCREASED DEMAND, IS GOING TO HAVE TO COME BACK TO US AND SAY, WE NEED MORE THAN THAT 15 MILLION. SO BASICALLY, THE THE 1.5 THAT WE'RE DOING MONTHLY OR YEARLY IS FOR NEW EQUIPMENT ONLY. IS THAT CORRECT? YES, SIR. SO FAR IT'S BEEN 1,555,000. WILL BE FOR NEW EQUIPMENT ONLY.NO, NO. NOW 1,2, 1.2 MILLION. YES. SO IT'S A TOTAL OF 27, 1.5 PLUS. THEN THE REPAIRS. OH OH THIS IS GOING TO BE ADDED TO. IT'S ONE BIG. IT'S IT'S IT'S TOGETHER BECAUSE IT'S THE SAME PEOPLE DOING ALL THE WORK. AND IF I COULD ADD IN IF IT MIGHT MAKE MAKE IT HELP A LITTLE MORE UNDERSTANDABLE WHEN YOU THINK ABOUT THAT REPLACEMENT CYCLE BUDGET. THAT IS A SEPARATE BUDGET STRING SET ASIDE FOR THAT REPLACEMENT CYCLE THAT IS LOADED ANNUALLY IN THE BUDGET THAT YOU APPROVE WITH THE AMOUNT FOR THAT CYCLE, YEAR OF REPLACEMENT. THAT IS A SEPARATE BUDGET LINE FROM PERHAPS. MR.. FROM MR.. FIGARELLI DEPARTMENT BUDGET LINE, WHERE HE'S BUYING INSTRUMENTS OR REPAIR PARTS OUT OF SEPARATE FROM CAMPUSES. THAT WOULD ALSO BE FUNDING ANY PURCHASES FOR REPAIR PARTS OR THOSE SERVICES, OR IF THEY WERE TO PURCHASE A REPLACEMENT. I DON'T KNOW, VIOLIN OR WHAT, NOT IN THE MUSIC CLASSROOM. SO YOU WOULD BE ABLE TO SEE THAT THOSE FUNDS ARE NOT COMMINGLED. THEY ARE SEPARATE BY BUDGET FUND. AND PERHAPS THAT COULD BE A PART OF IF THAT WOULD HELP. CORRECT. YEAH. OKAY. THANK YOU. I THINK MR. JOHNSON HAS HIS CALCULATOR OUT AND IS READY TO GO. NOW. I DON'T HAVE A CALCULATOR OUT. I DO HAVE A QUESTION, THOUGH. IN THE LAST MEETING, WE WERE PRESENTED WITH AN INCREASE TO AWARDED BID. THAT GOT TABLED. THAT EFFECTIVELY DOUBLED THE AMOUNT OF THE AWARDED BID FROM ROUGHLY 1 MILLION TO ADD ANOTHER 1 MILLION ON IT. NOW, MY PRESUMPTION IS THAT WAS NOT INCLUSIVE OF ALL OF THE 1.55 MILLION FOR THE NEW INSTRUMENT REPLACEMENT. AND SO WHENEVER I SEE THIS 2.7 MILLION TOTAL, THAT SEEMS SIGNIFICANTLY LESS THAN WHAT IT WOULD HAVE BEEN HAD WE MOVED FORWARD WITH THE ITEM IN AUGUST. IF YOU ADD IT ALL TOGETHER BUT YEAH THE, WHAT WE REVIEWED IN JULY SINCE THAT WAS GOING TO BE EFFECTIVELY $2 MILLION TOTAL WITH THE ORIGINAL AMOUNT BUDGETED, PLUS ANOTHER MILLION FOR THE INCREASE IN THE AWARDED AMOUNT. BUT THAT WASN'T INCLUSIVE AT ALL OF THE NEW INSTRUMENTS, CORRECT? NO. THE WHOLE TIME IT WAS INCLUSIVE OF THE NEW INSTRUMENTS. THIS CONTRACT HAS BEEN THE SAME. OKAY. THAT I WILL, I WILL, I WILL POINT OUT THAT DID NOT IN ANY WAY, SHAPE OR FORM SAY THAT ON THAT IT JUST SAID REPAIR. YEAH, YEAH. ON THAT. SO OKAY, SO EFFECTIVELY WHAT THEN I NOW HAVE TO ASK THE QUESTION IS THIS COMBINED AMOUNT HERE? NOW THIS 27. $700,000 LARGER THAN WHAT WAS BROUGHT TO US IN JULY. NO, NO, NO, BECAUSE THE ORIGINAL CONTRACT WAS 2 MILLION. WE WERE GOING TO ADD A MILLION. THAT'S 3 MILLION. AND AND IT WAS IT DID SAY THIS. THE WORDING HASN'T CHANGED. PURCHASE OF MUSICAL INSTRUMENTS AND REPAIRS AND SO ON. THIS HERE I TOLD YOU THEN THAT WE WOULD GO BACK BECAUSE $1 MILLION SEEMED LIKE A. YOU KNOW, THAT IT WAS CAUSING SOME, YOU KNOW, SOME SQUIRMING. SO WE WOULD GO BACK AND SEE IF WE COULD PULL IT DOWN TO A AT WHAT WE COULD BE AT TO NOT TO EXCEED. AND SO IT'S STILL THE 2 MILLION. AND THIS IS INCREASING $700,000. [00:55:04] NOW WE'RE NOT THAT CONTRACT EXPIRES IN AUGUST. CORRECT. SO THAT ONE GOES AWAY THAT WE WERE TALKING ABOUT IN JULY. AND THEN THIS IS A NEW ONE. YES. SO THIS WILL EFFECTIVELY THAT'S MY QUESTION. THIS HAS BEEN SCRUBBED. IT IS NOT THE AMOUNT THAT WAS BEING BROUGHT TO US IN JULY. EFFECTIVELY, $300,000 HAS BEEN TRIMMED FROM IT PRESENTED TO US TONIGHT. CORRECT. THAT'S I'M TRYING TO GET THE DIFFERENT DISTINCTIONS BETWEEN THE 2. THANK YOU. GREAT. GOOD EXPLANATION. ROBERT WAS FIRST AND THEN TO LARRY. SO, DOCTOR LOPEZ, YOU SAID THAT THIS IS COMBINING THOSE 2 CONTRACTS, RIGHT? AND SO JUST OUT OF CURIOSITY THE 1.15 MILLION FOR REPAIRS THAT WAS INCLUDED. THAT GOT ADDED TO THE 1.55 FOR NEW EQUIPMENT. WHERE DID THAT NUMBER COME FROM? YES. LIKE I SAID, IT WAS 1.5 MILLION. IT'S ON JUST INSTRUMENT PURCHASES. OKAY. THAT WE DO EVERY YEAR FOR THE 10 YEAR PLAN. AND THEN WE ADD OUT OF MY BUDGET, ADDED ABOUT ANOTHER 400,000 FOR ALL THE CAMPUSES TO BE ABLE TO CLEAN THEIR INSTRUMENTS AND REPAIR. SO ALONE RIGHT THERE, YOU'RE ALMOST IT'S, YOU KNOW, 01,9 AND THEN WE GIVE WE GIVE OUR ORCHESTRAS ANOTHER $100,000 FOR, FOR, TO, FOR THEM TO BE ABLE TO PURCHASE THEIR OWN INSTRUMENTS. SO WE'RE GETTING CLOSE TO ABOUT 2.1 MILLION THERE ALREADY. AND THEN CAMPUSES, REMEMBER, THEY HAVE AMOUNTS ON THEIR CAMPUS LEVEL THAT WE DON'T CONTROL. THEY HAVE BUDGETS ON THEIR OWN CAMPUSES, SO THEY'RE ABLE TO PURCHASE AS WELL OR REPAIR AS WELL. AND THEN ANY CARRYOVERS THAT, LIKE MR. DODDS WAS TALKING ABOUT THAT GETS ADDED TO THIS CONTRACT. SO THERE'S AN AMOUNT ALSO THAT'S ADDED UPON THAT THAT'S CONTROLLED BY THE CAMPUSES AND THAT'S ALL BUDGETED MONEY BY THE CAMPUSES AND ANY CARRYOVERS THAT. SO THE CAMPUSES ARE USING THEIR MONEY TO DO REPAIRS PREVIOUSLY TO DO ADDITIONAL REPAIRS FROM WHAT I GIVE THEM. YES, SIR. PREVIOUSLY, FOR THE LAST COUPLE OF YEARS. YES. RIGHT. BECAUSE THIS WASN'T INCLUDED, WE WERE ONLY LOOKING AT NEW REPAIRS. SO NOW GOING FORWARD, WHAT YOU'RE SAYING IS IT'S GOING TO BE INCLUDED IN THIS CONTRACT. SO THEY DON'T HAVE TO COME OUT OF THEIR BUDGETS FOR REPAIR. IT COMES OUT OF THEIR BUDGETS, BUT IT HAS TO BE USED THROUGH THIS BUDGET. THIS IS THE BUDGET THAT'S USED WITH THESE COMPANIES TO BE ABLE TO REPAIR THIS. ALL BUDGETS ARE COMING FROM EVERYWHERE, BUT WE HAVE TO USE THAT ONE CONTRACT FOR ANY ONE CONTRACT. YEAH. GOT IT. IN OTHER WORDS, DIFFERENT DEPARTMENTS BEING COMBINED INTO ONE CONTRACT. OKAY, LARRY. MISS CASPER, I KNOW THIS IS NEW. HOPEFULLY IN THE FUTURE, YOU COULD BREAK OUT THESE NUMBERS WITH A TOTAL OF WHATEVER IT IS AND SAY THIS IS YEAR 5 OR YEAR 6 OF THE 1.5. THIS IS FOR THIS, THIS IS FOR THIS,THIS EQUALS. WOULD BE VERY EASY TO UNDERSTAND, AND I DON'T THINK WE'LL HAVE THIS CONFUSION IN THE FUTURE. SO I THINK IT'D BE EASY TO PROBABLY BREAK IT OUT. ABSOLUTELY. WE CAN WORK WITH THAT. SHOULD BE EASY TO DO. THE OWNER OF THE CONTRACT TO PROVIDE YOU A TABLE TO TO GIVE YOU THAT THAT VISUAL. YES, ABSOLUTELY. THANK YOU. GREAT. YEAH. THANK YOU. GOOD DISCUSSION. THANK YOU FOR THE EXPLANATIONS. ARE THERE ANY OTHER QUESTIONS ON THIS ITEM? JUST MR. BEACH THAT THAT INFORMATION WILL COME IN SEPTEMBER. IS THAT OKAY? YES. I'M ASSUMING EVERYTHING THAT WE'RE DISCUSSING HERE TODAY IS OKAY TO MOVE FORWARD TO THE SEPTEMBER BOARD AGENDA. IS THAT NOT CORRECT? SOME THINGS WON'T MOVE FORWARD BECAUSE THEY DON'T NEED TO KNOW. THIS IS AUGUST. THIS IS AUGUST. YOU'RE RIGHT. I'M SORRY. WHO SAID JULY? WHILE AGO? ALL RIGHT. I SCRATCH ALL OF THAT. THANK YOU, MR. FIGARELLI. THANK YOU, MR. FIGARELLI. SO, MR. LOPEZ DOCTOR LOPEZ YOU'RE SAYING THAT THIS ITEM WILL MOVE FORWARD FOR SEPTEMBER. YEAH. AUGUST. AUGUST. AUGUST. AUGUST. OKAY. MAKING SURE. SO THIS WILL MOVE FORWARD IN THE AUGUST AGENDA. ALL RIGHT. YEAH. BEFORE WE'RE GOING TO GET THE PRESENTATION. THERE WILL BE AN OPPORTUNITY TO VOTE. THERE WILL BE AN OPPORTUNITY TO VOTE. CORRECT. OKAY. ALL RIGHT. WE'RE REALLY NOT THAT SIMPLE MINDED. BUT CAN WE. WE CAN'T EVEN GET THAT QUICK LITTLE SPREADSHEET IN THE B I OR SOMETHING. BEFORE YOU GET SOMETHING SIMPLE LIKE THAT, WE COULD DO SOMETHING. BUT HE WANTS AN A, LIKE A BIGGER. IF YOU GIVE ME WHAT HE ASKED FOR. YEAH, THAT'D BE FINE. COULD WE GET THAT FOR THE B I AND THEN THEN I COULD SLEEP AT NIGHT AND VOTE ON THIS IN AUGUST. WE'LL WORK ON IT. WE'LL WORK ON THAT. YES. MR. FIGARELLI WILL HELP BREAK THAT OUT FOR US. WOULD YOU LIKE THE THIS AGENDA ITEM AMENDED TO INCLUDE THAT TABLE IN OR JUST IN THE B, I JUST PUT IT IN THE B I OKAY. VERY GOOD. NOW I WANT TO MAKE SURE EVERYBODY'S COMFORTABLE MOVING FORWARD. IF SO, THEN IN AUGUST THIS ITEM WILL COME BACK TO US FOR THE BOARD FOR APPROVAL, [01:00:05] LET'S GO TO 4 B.5. INCREASE AWARDED INCREASE 2 AWARDED BIDS CONTRACT. THIS IS NUMBER EIGHT CONTRACT 7-26. CONSIDER APPROVAL OF INCREASE IN AWARDED AMOUNT FOR FUEL QUOTING. ALL RIGHT. SO WE HAVE A CONSIDERATION FOR APPROVAL OF INCREASE IN AWARDED AMOUNT FOR FUEL QUOTING CONTRACT 7-26. THIS INCREASE WILL CONTINUE TO MAINTAIN OUR DISTRICT WIDE FLEET OF BUSSES, ENSURING RELIABLE TRANSPORTATION FOR STUDENTS THROUGHOUT THE DISTRICT. WE ARE CURRENTLY ESTIMATING A MONTHLY SPENDING OF $90,000 PLUS EXTRA CONTINGENCY FUNDS. THIS INCREASE WILL BE SUFFICIENT FOR THE REMAINING 3 MONTHS OF THE CONTRACT TERM. THIS WAS YIELDED FROM A REQUEST FOR PROPOSAL WITH A CURRENT CONTRACT TERM OF ONE YEAR WITH 4 ANNUAL RENEWAL OPTIONS. A FINANCIAL IMPACT NOT TO EXCEED ORIGINALLY OF $850,000. WE'RE SEEKING AN INCREASE OF $300,000 TO YIELD A NEW FINANCIAL IMPACT, NOT TO EXCEED OF $1.15 MILLION, WITH A FUNDING SOURCE OF 199 GENERAL FUNDS WILL ENTERTAIN ANY QUESTIONS YOU MIGHT HAVE. OKAY, MR. DODD, SO WHEN THESE WHEN THIS ITEM COMES THROUGH, THIS MEANS THIS IS AN INCREASE TO THE EXISTING JUNE BUDGET, THE BUDGET THAT WE APPROVED IN JUNE. IS THAT WHAT THIS IS TELLING ME? NO. THEY THEY BUDGET FOR FUEL. THEY DID BUDGET FOR THAT. SO SINCE THE CONTRACT IS FOR MORE THAN THE PREVIOUS, THEN THAT'S WHY IT'S SHOWN AS AN INCREASE. CORRECT. BUT WE BUDGETED FOR THIS INCREASE. YES. THANK YOU. SO MAKING SURE EVERYBODY'S CLEAR ON THAT. MISS STANLEY I HAVE JUST MORE OF A QUESTION HOW DOES THE VOLATILE PRICE OF GAS THAT WE'VE BEEN EXPERIENCING PERSONALLY, HOW DOES THAT AFFECT US AS THE THE. BECAUSE I KNOW WE DO THESE BIG CONTRACTS. SO ARE WE AS VOLATILE AS WHAT I'M HAVING TO PAY AT THE GAS STATION? WE ARE. AND I'LL, I'LL LET I WILL LET MR. LOGAN SPEAK MORE TO THAT, BUT I ALSO WANT TO MENTION THAT UNDER TEXAS EDUCATION CODE, CHAPTER 44.031, PRODUCE AND FUEL ARE THE TWO ITEMS THAT A SCHOOL DISTRICT. A PUBLIC SCHOOL DISTRICT IS EXEMPT FROM ISSUING A SOLICITATION FOR. WE DO IT AS A BEST PRACTICE TO TRY TO SECURE THE BEST PRICING, BUT TEA AND THE STATE HAVE ALREADY REALIZED THAT THOSE 2 ITEMS ALONE ARE SO VOLATILE IT'S HARD TO GET CONTRACTED RATES AND PRICING FOR THEM. BUT WE DO IT TO TRY TO GIVE SOMETHING TO BUDGET ON. AND I'LL LET MR. LOGAN SPEAK MORE. GOOD EVENING, CHAIRMAN MILLER AND BOARD DOCTOR LOPEZ. TIM LOGAN, DIRECTOR OF TRANSPORTATION. MISS CASPER IS CORRECT ON HER FACTS THAT SHE JUST STATED AND MS STANLEY TO ANSWER YOUR QUESTION, IT IS VOLATILE TO US. WE TYPICALLY PAY ABOUT $0.30 LOWER THAN WHAT YOU SEE AT THE PUMP PRICE BECAUSE OF THE EXCLUSIONS AND EXEMPTIONS THAT WE GET. WE CURRENTLY HAVE 3 SUPPLIERS THAT WE BID OUT TO EACH WEEK THAT DELIVER EACH WEEK. WE SOLICITED, I BELIEVE 164 SUPPLIERS AND 4 RESPONSES, 1 WITH NO AWARD. SO WE HAVE 3 THAT WE BID OUT AND WHOEVER HAS THE BEST BID EACH WEEK FOR THIS FUEL, WHICH IS WHAT GOES IN THE GROUND IN OUR TANKS VERSUS IN THE BUSSES EACH NIGHT IS WHAT CONTRACT. 726 FUEL QUOTING IS REFERRING TO. DID THAT ANSWER YOUR QUESTION? IT DID. IT WAS I WAS JUST KIND OF WONDERING. I MEAN, WE HAVE TO PAY IT. WE GET IMPACTED IS THE ANSWER. YES, MA'AM. OKAY. THANK YOU. OF COURSE, MR. GLICK. THANK YOU, SIR. AND THE NEXT SESSION, WE'RE GOING TO BE TALKING ABOUT THE KINCAID REPORT. BUT I THINK I CAN TALK ABOUT IT NOW BECAUSE IT'S RELEVANT TO THIS TOPIC. SO ON PAGE, I GUESS, 91 OF THE KINCAID REPORT, YOU HAVE A REPORT ABOUT THE ADDITIONAL TRANSPORTATION COSTS GOING UP ABOUT 35%. IS THAT MAINLY THE FUEL? BUT YOU COULD. IS THAT WHAT WE'RE TALKING ABOUT NOW? YES. BECAUSE OF THE KINCAID REPORT. WE WILL LOSE FUNDING IF WE EXEMPT OUT OF KINCAID WHICH WE'VE NOT OFFICIALLY DONE, TO MY UNDERSTANDING. IS THAT CORRECT, MR. DODDS? YES. AND THAT'S ABOUT A 25% DIFFERENTIAL OF WHAT WE SEE. OKAY. THANK YOU. OF COURSE. THANK YOU. ANY OTHER QUESTIONS? JUST A QUICK ONE. YOU MENTIONED OUR STORAGE IS IN GROUND. YES, SIR. AND HOW MANY GALLONS CAN WE STORE? 20,000 GALLONS. 2 DIFFERENT TANKS, AND YOU FILL THEM UP. HOW OFTEN? EVERY WEEK. WOW. SO THIS YEAH, WE DRIVE 22,000 MILES A DAY. AND JUST TO BE CLEAR SINCE THERE WAS CONVERSATION ON DIFFERENT CONTRACTS, THIS IS 726 FUEL QUOTING. SO IT IS THE FUEL, DIESEL AND GASOLINE FOR THE WHITE FLEET THAT GOES IN THE GROUND AT THE TRANSPORTATION FACILITY. [01:05:05] FOR NOW WE'RE RECOMMENDING 1,150,000. WE ALSO HAVE CONTRACT 23-26. WHICH IS A CONTRACT THAT THEY FUEL THE BUSSES WITH EVERY NIGHT BECAUSE OUR TANKS ARE NOT LARGE ENOUGH TO HOLD FOR THE 353 BUSSES IN WHITE FLEET THAT WE CURRENTLY OWN. SO WE HAVE 2 DIFFERENT CONTRACTS. THEY DO NOT CROSS OVER. WE DO NOT SHIFT BACK AND FORTH. THEY ARE SEPARATE CONTRACTS, SEPARATE DOLLAR AMOUNTS IN A NEW TRANSPORTATION FACILITY. WHAT WILL THE WHAT WILL WE DO WITH THE STORAGE TANKS THEN? WILL THEY BE A LOT BIGGER? THEY WOULD BE MUCH LARGER. AND WE'RE WORKING WITH THE ARCHITECTS NOW, BUT SIGNIFICANTLY LARGER, AND ALSO LOOKING AT ALTERNATIVE FUELS SUCH AS PROPANE, WHICH IS MUCH MORE AFFORDABLE, LESS MILES PER GALLON OR MILE, BUT MORE AFFORDABLE, AND ALSO ELECTRIC BUSSES AS WELL. LOTS OF GRANTS OUT THERE. OKAY. WHEN THAT DOES COME FORWARD, THOSE PLANS OR WHATEVER, WERE YOU AND MR. FERNANDEZ, MAKE SURE YOU POINT OUT THE SIZE OF THOSE AND CAPACITY AND ALL THOSE FINE DETAILS, EVERYTHING THAT'S UNDERGROUND THAT WE DON'T SEE. OKAY. ANY OTHER QUESTIONS? ALL RIGHT. THANK YOU SO MUCH. I THINK THAT TAKES US TO 5. THIS IS 5.B. CONTRACT. 363-26. CONSIDER APPROVAL OF INCREASE IN AWARDED AMOUNT FOR PROPERTY INSURANCE. YES. BEFORE YOU IS CONSIDERING APPROVAL OF AN INCREASE IN AWARDED AMOUNT FOR OUR PROPERTY INSURANCE CONTRACT 36-326. THIS INCREASE PROVIDES PROPERTY INSURANCE COVERAGE TO ALIGN THE PROPERTY INSURANCE POLICY PERIOD WITH THE DISTRICT'S LIABILITY INSURANCE COVERAGE. THE CURRENT POLICY TERM WAS PRORATED TO EXPIRE ON AUGUST 31ST, 2026. THE RENEWAL PREMIUM FOR THE POLICY PERIOD SEPTEMBER 1ST, 2026 THROUGH AUGUST 31ST, 2027 IS $4,679,752. THIS PREMIUM REFLECTS THE ADDITION OF 6 OF THE 7 MULTI-ACTIVITY CENTERS TO THE PROPERTY SCHEDULE, AS WELL AS THE RESULTS OF THE DISTRICT'S CURRENT COMPREHENSIVE PROPERTY APPRAISAL, WHICH UPDATED THE INSURED PROPERTY VALUES. THE ADDITIONAL FUNDING ABOVE THE QUOTED RENEWAL PREMIUM WILL PROVIDE FOR THE ANTICIPATED COST OF INSURING NEW BOND FUNDED CONSTRUCTION PROJECTS THAT WILL BE COMPLETED AND ADDED TO THE PROPERTY SCHEDULE DURING THE POLICY YEAR, AS WELL AS OTHER INCIDENTAL COVERAGE ADJUSTMENTS AND RELATED EXPENSES. THIS IS AN INCREASE YIELDING FROM A REQUEST FOR PROPOSAL THAT HAD A CONTRACT TERM OF 1 YEAR WITH FIVE ANNUAL RENEWAL OPTIONS. FINANCIAL IMPACT. ORIGINALLY WAS A NOT TO EXCEED AWARD OF $4 MILLION. WE ARE NOW ASKING FOR AN INCREASE OF $950,000, YIELDING A NEW NOT TO EXCEED AWARD OF $4.95 MILLION. FUNDING SOURCE WILL BE 199 GENERAL FUND. WE'LL ENTERTAIN ANY QUESTIONS YOU MIGHT HAVE. THANK YOU. IS THIS IS THIS REFLECTED IN THIS YEAR'S BUDGET? YES IT IS. OKAY. THANK YOU. ANY OTHER QUESTIONS ON THIS ITEM? MR. SELDERS? JUST 2 QUESTIONS. THE FIRST QUESTION IS, IS THERE A WAY THAT WE CAN GET A LIST OF THE ANTICIPATED PROJECTS THAT WILL BE INCLUDED AS PART OF THIS INCREASE? IT'S GOING TO BE ONGOING RIGHT NOW ON THIS QUOTE THAT YOU HAVE IS INCLUDES 6 OF THE 7 MAX, WHICH WHEN I DID THIS, WAS SUPPOSED TO BE FINISHED BY THE END OF AUGUST, WHICH I THINK WE'RE STILL ON SCHEDULE TO FINISH 6 OF THOSE 7 BY THE END OF AUGUST. AND THEN THERE'S ONE THAT'S SUPPOSED TO BE FINISHED IN NOVEMBER. SO WE'RE. THIS QUOTE INCLUDES SIX OF THOSE 7 MAX. AND THEN AS WE ADD THE THE THE LAST MAC AND THEN. TECHNOLOGY AND SCHOOLS AS THEY'RE ADDED, AS NEW BUILDINGS ARE ADDED, I WILL TELL TASB, WHICH IS THE INSURANCE, I'LL CALL IT INSURANCE COMPANY. I WILL TELL THEM THESE HAVE BEEN ADDED AND THEY MAY CHARGE US MORE MONEY. THAT'S WHY THERE'S AN. ASK FOR A ADDITIONAL AMOUNT FOR THOSE ADDED ON NEW BOND PROGRAM BUILDINGS THAT ARE COMING UP DURING THE POLICY YEAR. I WAS JUST ASKING BECAUSE THERE WAS LANGUAGE IN HERE THAT SAYS ANTICIPATED COSTS OF INSURING NEW BOND FUNDED CONSTRUCTION PROJECTS. AND I'M LIKE, YOU HAVE ALREADY ANTICIPATED THAT IN THE COST OF THE INCREASE THAT YOU'RE REQUESTING. SO I'M JUST CURIOUS IF WE CAN GET A LIST OF THOSE PROJECTS THAT YOU'RE USING TO ANTICIPATE THIS INCREASE. YEAH. I MEAN, IT'S THE SAME AS THE BOND PROGRAM, BUT YES, I CAN GET YOU THAT LIST JUST SPECIFICALLY FOR THIS CONTRACT OR FOR THIS POLICY YEAR. I'M SORRY, SAY AGAIN, JUST SPECIFICALLY FOR THIS POLICY. OKAY. YEAH. I CAN GET YOU A LIST OF WHAT WE ANTICIPATE. I MEAN, IT'S BASED ON WHAT THE BOND PROGRAM SAYS, WHEN BUILDINGS WILL BE FINISHED OVER THE NEXT YEAR. AND I CAN I CAN DEFINITELY. AND THEN ONE OTHER QUESTION. I DON'T KNOW IF THIS IS JUST A LANGUAGE THING, BUT MS. HOGAN DOES THE MULTI ACTIVITY CENTER NEED TO READ MULTI PROGRAM? DOES IT NEED TO CHANGE IT ANYWAY? THAT IS NOT MY CALL. WHOSE CALL IS THAT. I WAS JUST CURIOUS. NO THAT SHOULD BE CHANGED. MULTI PROGRAM ACTIVITY CENTER. IT SHOULD BE. WE CAN UPDATE THAT FOR YOU. [01:10:03] SURE. I MEAN THE ACRONYM IS MAC BUT YEAH BUT IT. MR. GLICK. THANK YOU SIR. OF THE INCREASE OF ALMOST A MILLION. HOW MUCH OF THAT IS ATTRIBUTABLE TO NEW BUILDINGS AND HOW MUCH IT JUST INCREASE OF NORMAL PROPERTY INSURANCE. IT'S HARD TO TELL HOW MUCH BECAUSE THE ONLY NEW BUILDINGS THAT THIS IS GOING TO THAT THIS QUOTE INCLUDES ARE THOSE 6 NEW MULTI ACTIVITY BUILDING OR MULTI PROGRAM BUILDINGS. THAT'S ALL THAT THEY'VE INCLUDED IN THAT SO FAR. THEY'RE I'VE. I HAD TO FILL OUT A FORM WHEN I WAS GETTING THIS QUOTE SEVERAL MONTHS AGO, AND I GAVE THEM A LIST OF THINGS THAT THE BOND PROGRAM WAS SAYING WOULD BE ONLINE IN THE NEXT YEAR AND THE ADDRESSES AND ALL THAT STUFF, THOSE BUILDINGS, THEY HAVEN'T CHARGED US FOR THOSE YET BECAUSE THEY'RE NOT GOING TO BE ONLINE UNTIL THE END OF THE YEAR AT THE EARLIEST. BUT THEY HAVE THEY DID GO AHEAD AND AND INCORPORATE THOSE MULTI-PROGRAM BUILDINGS STARTING WITH SEPTEMBER 1ST. MATTER OF FACT, THEY'RE NOT EVEN CHARGING US FOR THE PROGRAM BUILDINGS FOR THE SUMMER. OF COURSE, IT'S, IT'S A VERY MINIMAL AMOUNT, BUT IT'S, IT'S, THEY WERE SUPPOSED TO SOME OF THEM WERE, YOU KNOW, THIS, YOU'RE FAMILIAR WITH THE BOND PROGRAM, THE SITUATION, BUT IT'S LIKE, YOU KNOW, THERE WERE SOME OF THEM WERE SUPPOSED TO BE FINISHED IN JUNE AND JULY AND THEY'RE JUST DELAYED BECAUSE OF, YOU KNOW, PERMITS OR WHATEVER THE SITUATION WAS. SO YEAH, I MEAN, IT'S THE CHARGES WILL COME ON AS THOSE BUILDINGS BECOME LIVE. SO WHAT PERCENTAGE OF OF THIS AMOUNT IS ACTUALLY INCREASES OF INSURANCE THAT WE'RE ALL HEARING ABOUT THROUGHOUT THE STATE? WHAT PERCENTAGE OF THESE NEW BUILDINGS. KNOW OF THE INCREASE? I'M SORRY, I DON'T UNDERSTAND. OKAY. WELL WE WENT FROM 4 MILLION TO 4, ALMOST 5 MILLION, RIGHT. OF THAT 950,000. HOW MUCH OF THAT IS AN INCREASE IN OUR INSURANCE COSTS? YOU KNOW, ACTUALLY INSURANCE COST. AND IT'S DIFFERENT BECAUSE WE SWITCHED FROM AN INSURANCE COMPANY FOR PROPERTY INSURANCE BACK IN, IN DECEMBER. AND WE PRORATED THAT INSTEAD OF HAVING AN ANNUAL POLICY, WE JUST DID A 9 MONTH POLICY. SO I COULD LINE IT UP WITH THE TASB LIABILITY POLICIES, WHICH HAS ITS PURPOSE. AND BUT THE PROPERTY MARKET AS A WHOLE IS FAIRLY STABILIZED OVER WHAT IT'S BEEN IN THE LAST FIVE YEARS WHERE IT'S INCREASING 15 TO 20% A YEAR. IT'S KIND OF LEVELED OFF. YOU SAW THIS WITH THE QUOTES BACK IN DECEMBER. IT'S JUST THE INSURANCE COMPANY QUOTE WAS OVER $1 MILLION MORE THAN TASB QUOTE FOR AN ANNUAL POLICY. SO HOPEFULLY THE MARKET WILL STAY STABILIZED. IT'S JUST GOING TO DEPEND ON WHAT YOU'RE SEEING, YOU KNOW, AROUND THE COUNTRY AS FAR AS IN THE NEXT YEAR OR SO, STORMS AND CLAIMS THAT ARE BEING PAID. THAT'S WHAT KIND OF IMPACTS THE MARKET ON THAT. SO, OKAY. THANK YOU. THANK YOU. ANY OTHER QUESTIONS ON THIS ITEM? SEEING NONE. THAT BRINGS US TO ITEM 5, WHICH IS EXECUTIVE SESSION, WHICH I HAVE NOT HEARD THAT WE NEED AN EXECUTIVE SESSION. SO THE ONLY THING LEFT TO DO IS ASK FOR ADJOURNMENT. [VI. Adjournment] IS THERE A MOTION? WE DO HAVE A MOTION. IT IS 6:44. AND THE DAC COMMITTEE WILL FOLLOW THIS. WHAT TIME DO WE WANT TO START THAT? * This transcript was compiled from uncorrected Closed Captioning.